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IMF predicts Qatar GDP growth around 6% in 2014

: Monday, March 10 - 2014 @ 01:30

The International Monetary Fund (IMF) has said that Qatar’s GDP growth could stay around 6% this year, as the pickup in the public investment programme is roughly offset by a modest decline in hydrocarbon output, the Peninsula has reported. Public investments are expected to keep growth roughly 6–7% over the medium term, with non-hydrocarbon growth remaining about 10%, said the IMF. The non-hydrocarbon sector now accounts for almost one-half of the economy. The country’s inflation is expected to remain benign at 3 to 4% going forward, a modest increase from recent years, the IMF said.

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Monday, March 10- 2014 @ 1:30 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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