Thursday, 10 March 2011

AFP: Oil rich Qatar to grow 20 percent in 2011: IMF

The economy of oil and gas exporter Qatar -- the world's wealthiest country per capita -- will grow a breathless 20 percent in 2011, the IMF said Wednesday.

"Qatar has weathered the global financial crisis exceptionally well, reflecting the swift and strong policy response by the authorities," the International Monetary Fund said about the country of 1.7 million people.

"Growth has rebounded to 16 percent in 2010 and is projected to accelerate to 20 percent in 2011."

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