The real GDP growth in Qatar is expected to slow to 5.0 per cent and 4.9 per cent in 2013 and 2014 respectively, according to a new report.
The real non-oil GDP will grow by 8.0 per cent and 7.6 per cent respectively in the next two years, said the National Bank of Kuwait (NBK) strudy.
Meanwhile, inflation in Qatar is forecast to pick up in 2013 and 2014 and reach 3.4 per cent y/y and 4.0 per cent y/y, it said.
Qatar is expected to have had its first full year of maximum LNG output (77 million tonnes) in 2012. This will cap a remarkable decade of investment and expansion in the country’s gas sector which has delivered double-digit average annual growth and seen Qatar assume the mantle of the world’s largest LNG exporter and highest per capita income country, the report said.
Read more; http://www.gulfbase.com/news/qatar-economy-forecast-to-grow-at-5pc/229980
The real non-oil GDP will grow by 8.0 per cent and 7.6 per cent respectively in the next two years, said the National Bank of Kuwait (NBK) strudy.
Meanwhile, inflation in Qatar is forecast to pick up in 2013 and 2014 and reach 3.4 per cent y/y and 4.0 per cent y/y, it said.
Qatar is expected to have had its first full year of maximum LNG output (77 million tonnes) in 2012. This will cap a remarkable decade of investment and expansion in the country’s gas sector which has delivered double-digit average annual growth and seen Qatar assume the mantle of the world’s largest LNG exporter and highest per capita income country, the report said.
Read more; http://www.gulfbase.com/news/qatar-economy-forecast-to-grow-at-5pc/229980
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