Economy

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Chapter | Economy from The Report: Qatar 2022

As with other countries around the world, Qatar’s economy was affected by the Covid-19 pandemic and its wide-ranging effects in global markets, including...

Qatar is leveraging its resources to become a knowledge-based, diversified economy fuelled by a dynamic private sector. As such, the country is investing in strategic areas such as agriculture, services, and research and development to further move the economy away from its dependence on hydrocarbons and attract greater foreign direct investment.

As rising inflation and the global food crisis place financial pressure on many countries around the world, remittance flows to emerging markets are expected to continue to provide crucial support.

With its location at the crossroads of traditional and modern north-south and east-west trade routes, the Misurata Free Trade Zone offers a competitive and attractive destination for companies looking to expand operations in both new and established markets.

As part of Algeria's economic recovery, the authorities are working to promote foreign and local investment.

The Philippine tobacco industry accounted for roughly 6% of tax revenue in 2020, and 58% of so-called sin tax receipts.

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