Highlighting Qatar’s importance to major multinationals as well as regional and local businesses, a recent report from HSBC predicts that the country’s trade volume could surge by up to 160% by 2025. This is within the context of projected growth in the Middle East and North Africa region by 84.7% by 2025, which is higher than the expected global...
High oil and natural gas prices combined with a 20-year strategic investment programme have catapulted Qatar into the ranks of the highest per-capita income economies in the world. Sustained GDP growth has created substantial wealth and raised the country’s standard of living to a level comparable to the most highly industrialised nations....
According to the “Qatar Economic Outlook 2011-12” report, issued by the General Secretariat for Development Planning (GSDP), the country will continue posting double-digit fiscal surpluses in 2011 and 2012 as a result of increasing hydrocarbons revenues. However, as the National Development Strategy 2011–16 (NDS) has pointed out, this hefty surplus...
How is fiscal policy being developed to attract investors within non-hydrocarbons sectors?
Which areas of the economy would you identify as ready for further liberalisation, and which do you feel need further development to support growth?
With the elation of winning the right to host the 2022 FIFA World Cup over, the Gulf state continues to make strides forward in both the economic and diplomatic arenas. The state remains the world’s wealthiest country per capita, according to the World Bank. The General Secretariat for Development Planning (GSDP) forecasts real GDP growth of 6.2...
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