Qatar real GDP growth seen soaring

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Qatar’s real GDP growth is expected to accelerate during the remainder of 2013 reaching 6.5% for the full year and 6.8% in 2014, QNB has said in a report.

This, the bank said will be supported by large infrastructure investments and associated population growth that will more than offset the strong headwinds from the global economy.

“Qatar continues to enjoy a strong economy,” a QNB report said. Qatar’s real GDP expanded at a rapid pace in the first quarter of 2013 (6.2% year-on-year, according to the Qatar Statistics Authority), maintaining the same momentum as in 2012."

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