While Qatar has made great strides to diversify its economy, government revenues are still heavily dependent on the hydrocarbons industry. As a result, low global oil prices caused a major contraction in state income. This coincides with an already planned peak in government spending on infrastructure, including preparations for the 2022 FIFA...
In what way is financing to SMEs being affected by tightening liquidity in the banking sector?
What sort of tangible economic impact is the creation of a distinct financial city expected to have on the Qatari economy?
What is being done to prevent a lack of affordable land hindering private sector growth?
SMEs are often at the forefront of innovation and experimentation. However, encouraging a thriving small-business culture is a challenge in economies that are heavily concentrated in single, vertically integrated industries such as oil and gas. The path of economic development in such countries typically crowds out smaller enterprises, leaving...
As a major hydrocarbons-exporting economy, Qatar owes both its prosperity and much of its continued growth to international trade. Indeed, in any given year the combined value of imports and exports can exceed three-quarters of the country’s GDP. As a result, and despite recent efforts towards economic diversification, the economy remains...
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