Qatar: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Qatar

Qatar: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Qatar

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This 2014 Article IV Consultation highlights that Qatara€™s macroeconomic performance has remained strong. GDP growth slowed from 13 percent in 2011 to 6.2 percent in 2012, mostly owing to the self-imposed moratorium on additional hydrocarbon production from the North Field. Growth was 6.5 percent in 2013, driven by strong expansion in the nonhydrocarbon sector. The negative spillovers from sluggish global growth and financial market volatility have been limited. The baseline macroeconomic outlook is positive. GDP growth could stay at about 6 percent in 2014, with public investments keeping growth at about 6a€“7 percent over the medium term.After last Maya#39;s announcement that the U.S. may bring forward the end of quantitative easing, yields on Qatara#39;s ... In August, the stock market temporarily plunged by 10 percent, excess reserves fell, and short-term T-bill yields increased acrossanbsp;...


Title:Qatar: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Qatar
Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher:International Monetary Fund - 2014-05-06
ISBN-13:

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