Tuesday, 21 November 2023

Qatar economic growth has normalised in 2023 following World Cup boom - IMF | Reuters

Qatar economic growth has normalised in 2023 following World Cup boom - IMF | Reuters

The International Monetary Fund (IMF) said on Tuesday that Qatar’s economic growth has normalised in 2023 following the World Cup-driven boom.

The IMF added that the economy of the world's top LNG exporter had a favourable medium-term outlook supported by LNG production expansion and intensifying reform efforts.

"Broad fiscal discipline amid hydrocarbon windfalls in 2022-23 resulted in sizeable surpluses and rapid central government debt reduction," IMF said.

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