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Qatar : 2019 Article IV Consultation
Press Release; Staff Report

Series:Country Report No. 19/146
ISBN 9781498317801
Code: #1QATEA2019001

Publication year: 2019

Cdn: $25.00; US: $18.00
Paperback
Language: English
60 pages
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Context: Availability of buffers has enabled Qatar to successfully absorb the adverse shocks from the 2014–16 decline in oil prices and the 2017 diplomatic rift. The policy priorities are fiscal consolidation, strengthened fiscal policy frameworks, enhanced resiliency of the financial sector, financial inclusion, and a diversified economy. Outlook and risks: Stronger real GDP growth is envisaged in the near term, with a recovery in hydrocarbon output. Medium-term growth will be buoyed by increased gas production and non-hydrocarbon growth. Expenditure consolidation would help to sustain fiscal and external surpluses. Ample liquidity will enable credit growth to support non-hydrocarbon GDP. Trade and geopolitical tensions could undermine investor confidence and weaken fiscal and external positions. Qatar is well placed to contain the adverse macro-financial implications of downside risks in view of considerable buffers.
Qatar : 2019 Article IV Consultation
Cdn: $25.00; US: $18.00
International Monetary Fund (IMF) BookID: 125102 Added: 2019.6.13