Qatar: 2008 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
IMF Staff Country Reports, January 29, 2009
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- Qatar: 2008 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
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Bibliographic details
- Published: January 29, 2009
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451832648.002
Overview and Context
- Publication date: January 29, 2009
- Format: IMF Staff Country Reports 2009, 028 (2009)
- Pages: 48
- Key subject areas: Balance of payments statistics, Banking, Commercial banks, Economic and financial statistics, External debt, Financial institutions, Inflation, Oil prices, Prices
Macroeconomic performance and growth
- Overall real GDP growth is estimated at 16 percent in 2008.
- Growth was driven by expansions in the production of oil, liquefied natural gas, and condensates.
Executive Directors' assessment and policy emphasis
- Executive Directors welcomed the authorities’ intention to moderate fiscal expansion over the medium term.
- They supported broadening the non-oil revenue base over the medium term.
- Emphasis supported on:
- Building capacity in infrastructure.
- Easing supply bottlenecks.
- Containing government current expenditure to reduce inflation.
Keywords and thematic tags (as listed)
- Balance of payments statistics
- Commercial banks
- CR
- draft accord
- exchange rate
- Global
- Inflation
- ISCR
- oil price baseline assumption
- Oil prices
- Qatar's economy
- Qatari riyal
- rate
- real gross domestic product
- rent inflation
- surplus