• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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Reporting double-digit average GDP growth since 2004, the Qatari economy boasts a decade-long track record of extremely strong expansion. The state has risen to become one of the world’s richest countries on a per capita basis. Hydrocarbons production and exports support the state’s economy; Qatar is the world’s largest exporter of liquefied...

How does the merging of Enterprise Qatar with QDB impact the development strategy for the small and medium-sized enterprise (SME) sector?

 

In keeping with the IMF’s recommendations, Qatar has moved to introduce a medium-term focus to its budget process, which is expected to help protect government spending from revenue volatility. These reforms have become especially pertinent, as oil prices plunged by 50% between June 2014 and early 2015. With the state now moving to plan its...

Following a difficult period for the international shipping market, in 2012 the container route from Shanghai to the Gulf through Dubai saw the second-highest rate of freight growth in the entire Asian region. This was part of an emerging trend of the maturation of GCCAsia trade. A relationship that was once just based on energy demand is diversifying and the GCC is seen...

The education sector has undergone a major transformation. What do you hope it will achieve in line with Qatar National Vision 2030?

The government is currently leading efforts to implement the National Development Strategy 2011-16. This strategy has been subjected to an objective appraisal three years after being launched to monitor progress made in its implementation as well as amendments to its targets in light of changes in various economic, social and demographic factors.

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