Monday 6 April 2015

Qatar’s economy grew more than 6% in 2014 |GulfNews.com

Qatar’s economy grew more than 6% in 2014 |GulfNews.com:



"Qatar’s economy grew by more than 6 per cent in 2014, official figures showed, driven by spending on huge construction projects ahead of the 2022 World Cup. 




Shrugging off any fears regarding the oil price slump, the energy-rich Gulf economy expanded by 6.2 per cent last year, according to the ministry of development planning and statistics.



The strong performance is evidence of “the resilience of the Qatari economy and its ability to withstand the decline in oil prices thanks to its strong macroeconomic fundamentals,” the Qatar National Bank (QNB) said in a commentary on the figures."



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