Qatar: Selected Issues

International Monetary Fund

No 2015/087, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper discusses strengthening of fiscal policy and fiscal frameworks in Qatar. It proposes ways to ensure that sustainable fiscal policy is maintained in the medium to long term in Qatar. Fiscal policy remains sustainable, but given the large drop in oil prices, revenue-raising and expenditure-containing measures need to be considered to ensure intergenerational equity. Measures aimed at containing current spending, prioritizing capital expenditure, and raising nonhydrocarbon revenues would help bring fiscal policy back to consistency with intergenerational equity. Strengthening fiscal frameworks would help achieve the desirable fiscal policies.

Keywords: ISCR; CR; Qatar; productivity; revenue; labor productivity; country inflation variable; inflation acceleration; double digit inflation; migration rate; price inflation; government expenditure; lower-than-average productivity; world inflation; growth performance; credit growth; money growth trigger inflation; expenditure-containing measure; Inflation; Total factor productivity; Budget planning and preparation; Labor productivity; Human capital; Global; North Africa (search for similar items in EconPapers)
Pages: 41
Date: 2015-04-02
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