Qatar: Staff Report for the 2015 Article IV Consultation

International Monetary Fund

No 2015/086, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2015 Article IV Consultation highlights that Qatar is implementing an ambitious diversification strategy, while retaining its systemic role in the global natural gas market. Qatar accounts for one-third of global liquefied natural gas trade and has emerged as an important global financial investor, labor importer, and donor. The authorities are executing a large public infrastructure program to advance economic diversification and prepare for the FIFA 2022 World Cup. The economy has maintained strong growth momentum so far despite the large drop in oil prices since summer 2014. The short-term growth outlook is positive, but lower oil prices will lead to a substantial deterioration of the fiscal and external balances.

Keywords: ISCR; CR; year-on-year inflation data; data; Tier I capital; GDP; oil price; lower-than-expected oil; financial asset; Oil prices; Public investment spending; Real estate prices; Inflation; Anti-money laundering and combating the financing of terrorism (AML/CFT); Global; Middle East; North Africa; East Africa (search for similar items in EconPapers)
Pages: 58
Date: 2015-04-02
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