Qatar's Growth Prospects Dim as Saudi-Led Boycott Takes Toll - Bloomberg

Qatar's Growth Prospects Dim as Saudi-Led Boycott Takes Toll - Bloomberg:

"Qatar’s economy will expand this year at the slowest pace since 1995, according to economists surveyed by Bloomberg this month, as the impact of a Saudi Arabia-led boycott is felt on trade and investor confidence.

Gross domestic product will grow 2.5 percent in 2017 and 3.2 percent next year, compared with 3.1 percent and 3.2 percent respectively in the previous survey conducted in June. Economists now expect a budget deficit of 5.1 percent of GDP this year, up from 4.6 percent, while the forecast for inflation dropped to 2.2 percent from 2.5 percent."



'via Blog this'