IMF expects Qatar GDP growth to rise to 2.4 percent in 2018 | Reuters:
Qatar’s GDP growth is projected to rise to 2.4 percent in 2018 from 1.6 percent in 2017 on the back of higher energy prices, the International Monetary Fund said on Wednesday.
Qatar has been on a drive to attract new investors and trade partners as it looks to overcome the effects of a diplomatic and trade boycott launched by Saudi Arabia, the United Arab Emirates, Bahrain and Egypt in 2017.
“The near- to- medium-term outlook for the Qatari economy is benefiting from increased oil prices and prudent macroeconomic policies,” the IMF said in a statement following a visit to the country.
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