Wednesday 7 March 2018

Global bodies vouch for Qatar’s solid economy - The Peninsula Qatar

Global bodies vouch for Qatar’s solid economy - The Peninsula Qatar:

"As Qatar enters the 10th month of unjust blockade, international agencies are increasingly affirming the resilience of Qatari economy.  A day after IMF reaffirmed that Qatari economy continued to remain strong and the impact of economic blockade was fast fading, Institute of International Finance (IIF) yesterday noted ‘Qatar has successfully turned the crisis in to opportunity.’  “Although the Saudi-led blockade on Qatar continues into its ninth month and shows no signs of abating, Qatar’s economy has remained resilient. The blockade has had a silver lining, motivating deeper trade and diplomatic ties with a wide range of partners beyond their immediate geographical neighbourhood, which could pay long-term dividends”, the IIF Chief Economist Garbis Iradian and IIF analyst Boban Markovic said in the latest research note on Mena."



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