Qatar economy to 'expand at fastest pace' in GCC in 2017, says QCB governor

Qatar economy to 'expand at fastest pace' in GCC in 2017, says QCB governor:

"Despite low global crude oil prices and a not so conducive economic environment, Qatar’s economy is projected to expand at the fastest pace in the Gulf Cooperation Council region in 2017, said HE the Qatar Central Bank Governor, Sheikh Abdulla bin Saoud al-Thani.
As per the latest International Monetary Fund report, real GDP growth is projected to grow at 3.1% in 2018, up from 2.5% in 2017.
The real GDP growth is expected to pick up on account of recovery in global crude oil prices and their positive spillover effects on both hydrocarbon and non-hydrocarbon GDP, Sheikh Abdulla said in an interview with The Euromoney Qatar Conference."



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