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Thursday, 20 July 2017

Diplomatic crisis triggers only minor Qatar economic forecast cuts: Reuters Poll

Diplomatic crisis triggers only minor Qatar economic forecast cuts: Reuters Poll:

"A political crisis between Doha and its neighbors has pushed economists to cut growth forecasts for Qatar -- but not by enough to stop it being one of the region's strongest performers, a Reuters poll showed. The poll of 12 economists lowered the median forecast for Qatar's gross domestic product growth this year to 2.3 percent from 3.5 percent projected in the previous Reuters poll, conducted in April. Next year's growth forecast was cut to 3.1 percent from 3.7 percent. If the new predictions are correct, Qatar will still grow more quickly this year and next year than most of the five other rich Gulf Arab oil exporters."



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