Friday, 29 December 2017

Qatar economy has recovered from boycott, GDP figures show

Qatar economy has recovered from boycott, GDP figures show:

"Qatar’s economy has largely recovered from a boycott imposed by other Arab states and is again growing at one of the fastest rates in the region, according to figures released by the statistics ministry on Friday. Gross domestic product, adjusted for inflation, rose 1.9 percent from a year earlier in the third quarter of 2017, accelerating from a revised growth rate of just 0.3 percent in the second quarter, which was the slowest expansion since the 2009-2010 global financial crisis. GDP grew 5.5 percent from the previous quarter, accelerating from a rate of 0.2 percent in the second quarter."



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