Qatar’s GDP growth is projected to be 16% in 2010 and 8.6% next year, well ahead of other countries in the region, the International Monetary Fund said yesterday.
In a six-monthly report on the global economy, the IMF predicted that the Middle East and North Africa would grow 4.1% this year and 5.1% in 2011 due to a rebound in oil prices. However, the outlook for the US and Europe is less certain as their economies continue to struggle following the fallout from the global financial crisis.
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