Qatar: 2008 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion;

January 29, 2009

Preview Citation

Format: Chicago

Qatar: 2008 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion;, (USA: International Monetary Fund, 2009) accessed November 21, 2024

Summary

Qatar’s macroeconomic performance was strong in 2008, notwithstanding the global financial crisis. This 2008 Article IV Consultation discusses that overall real GDP growth is estimated at 16 percent in 2008, driven by expansions in the production of oil, liquefied natural gas, and condensates. Executive Directors have welcomed the authorities’ intention to moderate fiscal expansion and broaden the non-oil revenue base over the medium term. They have supported the emphasis on building capacity in infrastructure and easing supply bottlenecks while containing government current expenditure to reduce inflation.

Subject: Balance of payments statistics, Banking, Commercial banks, Economic and financial statistics, External debt, Financial institutions, Inflation, Oil prices, Prices

Keywords: Balance of payments statistics, Commercial banks, CR, Draft accord, Exchange rate, Global, Inflation, ISCR, Oil price baseline assumption, Oil prices, Qatari riyal, Qatar's economy, Rate, Real gross domestic product, Rent inflation, Surplus

Publication Details

Pages:

48
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2009/028
Stock No:

1QATEA2009001
ISBN:

9781451832648
ISSN:

1934-7685

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