Monday 24 June 2013

Qatar GDP growth rate seen at 5% this year, 4.9% in 2014

"Bank of America Merrill Lynch has maintained Qatar’s GDP growth rate at 5% this year and 4.9% in 2014 even as BOAML forecasts a rise in CPI inflation to 2% this year and 2.5% in 2014.
BOAML’s forecast is in line with an earlier International Monetary Fund (IMF) projection of 5.2% growth in Qatar’s economy this year mainly on the back of robust non-hydrocarbon growth.
The IMF had also seen a “strong economic outlook” for Qatar in the medium term and the report indicated the country’s nominal GDP would exceed $191bn this year compared with $184.7bn in 2012."

'via Blog this'

No comments:

Post a Comment