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Qatar: 2022 Article IV Consultation-Press Release; and Staff Report

Qatar: 2022 Article IV Consultation-Press Release; and Staff Report
Author: International Monetary
Publisher: International Monetary Fund
Total Pages: 70
Release: 2022-06-21
Genre: Business & Economics
ISBN:

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Swift and decisive policy response to the Covid-19 pandemic has helped to mitigate the health and economic impact of the crisis. Fast vaccination rollout has also strengthened the economy’s resilience to new pandemic waves, paving the way for a speedy recovery. As the economy rebounds, a gradual exit from pandemic support measures is underway.


Qatar

Qatar
Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
Total Pages: 87
Release: 2024-02-07
Genre: Business & Economics
ISBN:

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After very strong economic performance in 2022, boosted by the successful hosting of the 2022 FIFA World Cup, output growth has been normalizing. High hydrocarbon prices further strengthened fiscal and external positions. Banks are strong, although non-performing loans continued to edge up. Reforms have gained momentum and are expected to intensify under the upcoming Third National Development Strategy.


Qatar

Qatar
Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
Total Pages: 58
Release: 2015-04-02
Genre: Business & Economics
ISBN: 1475517408

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This 2015 Article IV Consultation highlights that Qatar is implementing an ambitious diversification strategy, while retaining its systemic role in the global natural gas market. Qatar accounts for one-third of global liquefied natural gas trade and has emerged as an important global financial investor, labor importer, and donor. The authorities are executing a large public infrastructure program to advance economic diversification and prepare for the FIFA 2022 World Cup. The economy has maintained strong growth momentum so far despite the large drop in oil prices since summer 2014. The short-term growth outlook is positive, but lower oil prices will lead to a substantial deterioration of the fiscal and external balances.


Qatar

Qatar
Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
Total Pages: 60
Release: 2019-06-03
Genre: Business & Economics
ISBN: 1498317804

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This 2019 Article IV Consultation discusses that stronger real gross domestic product (GDP) growth is envisaged in the near term, with a recovery in hydrocarbon output. Medium-term growth will be buoyed by increased gas production and non-hydrocarbon growth. Expenditure consolidation would help to sustain fiscal and external surpluses. Ample liquidity will enable credit growth to support non-hydrocarbon GDP. Trade and geopolitical tensions could undermine investor confidence and weaken fiscal and external positions. The policy priorities are fiscal consolidation, strengthened fiscal policy frameworks, enhanced resiliency of the financial sector, financial inclusion, and a diversified economy. The financial sector remains sound, underpinned by strong profitability and capital. Strengthening the regulatory and supervisory frameworks would help to bolster financial stability. Attention to women’s empowerment by introducing legislation emphasizing equality in remuneration and avoiding gender-based discrimination would support inclusive growth.


Qatar

Qatar
Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
Total Pages: 58
Release: 2015-04-02
Genre: Business & Economics
ISBN: 1484310268

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This 2015 Article IV Consultation highlights that Qatar is implementing an ambitious diversification strategy, while retaining its systemic role in the global natural gas market. Qatar accounts for one-third of global liquefied natural gas trade and has emerged as an important global financial investor, labor importer, and donor. The authorities are executing a large public infrastructure program to advance economic diversification and prepare for the FIFA 2022 World Cup. The economy has maintained strong growth momentum so far despite the large drop in oil prices since summer 2014. The short-term growth outlook is positive, but lower oil prices will lead to a substantial deterioration of the fiscal and external balances.


Qatar

Qatar
Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
Total Pages: 53
Release: 2014-05-06
Genre: Business & Economics
ISBN: 1484368541

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This 2014 Article IV Consultation highlights that Qatar’s macroeconomic performance has remained strong. GDP growth slowed from 13 percent in 2011 to 6.2 percent in 2012, mostly owing to the self-imposed moratorium on additional hydrocarbon production from the North Field. Growth was 6.5 percent in 2013, driven by strong expansion in the nonhydrocarbon sector. The negative spillovers from sluggish global growth and financial market volatility have been limited. The baseline macroeconomic outlook is positive. GDP growth could stay at about 6 percent in 2014, with public investments keeping growth at about 6–7 percent over the medium term.


Qatar

Qatar
Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
Total Pages: 57
Release: 2018-05-30
Genre: Business & Economics
ISBN: 1484358392

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This 2018 Article IV Consultation highlights that Qatar’s growth performance remains resilient. The direct economic and financial impact of the diplomatic rift between Qatar and some countries in the region has been manageable. Nonhydrocarbon real GDP growth is estimated to have moderated to about 4 percent in 2017 owing to on-going fiscal consolidation and the effect of the diplomatic rift. Headline inflation remains subdued, primarily owing to lower rental prices. The near-term growth outlook is broadly positive. Overall, GDP growth of 2.6 percent is projected for 2018. Inflation is expected to peak at 3.9 percent in 2018 before easing to 2.2 percent in the medium term. The underlying fiscal position continues to improve.


Qatar

Qatar
Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
Total Pages: 57
Release: 2018-05-30
Genre: Business & Economics
ISBN: 1484358406

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With substantial financial buffers, prudent fiscal policy, and sound financial sector, Qatar’s economy continues to successfully adjust to lower hydrocarbon prices, despite the diplomatic rift that is weighing on the outlook. The policy priorities are to entrench fiscal consolidation, maintain financial stability and deepen structural reforms to facilitate private-sector led growth and job creation.


Qatar

Qatar
Author: Juan Carlos Di Tata
Publisher:
Total Pages: 37
Release: 2010
Genre:
ISBN:

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