Qatar economy to pick up to 3.5% in ’18 - The Peninsula Qatar

Qatar economy to pick up to 3.5% in ’18 - The Peninsula Qatar:

"Qatar’s gross domestic product (GDP) is expected to pick up 3.5 percent in 2018, from 1.2 percent (preliminary Qatar figure at 1.9 percent) in 2017, provided that Barazan project is coming on stream. Barzan is estimated to add 20 percent to total gas output of the country, NBK noted in its first quarter (Q1, 2018) economic outlook for Qatar. NBK analysts reconfirmed that the initial shock to Qatari economy from the dispute which started in June has passed, with imports returning close to pre-crisis levels, new trade routes established and capital flows more stable. But the economy still remains under pressure."



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