Qatar: 2012 Article IV Consultation

International Monetary Fund

No 2013/014, IMF Staff Country Reports from International Monetary Fund

Abstract: Qatar's economy is driven by high oil and natural gas prices and production, and remains strong with robust nonhydrocarbon growth. Its government has now shifted its focus to economic diversification and growth in nonhydrocarbon sectors through targeted infrastructure investments. The Executive Directors of the International Monetary Fund (IMF) noted the positive regional spillover effects of Qatar’s high growth, public spending, and increased financial assistance. The adoption of a three-year budget framework to help shield government spending from revenue volatility and enable better use of resources is welcomed.

Keywords: ISCR; CR; implementation risk; government; government finance statistics; infrastructure investment program; liquidity forecasting framework; financing risk; consumer price inflation; Capital spending; Current spending; Oil prices; Global; Middle East; North Africa; East Africa (search for similar items in EconPapers)
Pages: 61
Date: 2013-01-16
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Citations: View citations in EconPapers (6)

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