Qatar: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Qatar

May 30, 2018

Preview Citation

Format: Chicago

Qatar: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Qatar, (USA: International Monetary Fund, 2018) accessed November 24, 2024

Summary

This 2018 Article IV Consultation highlights that Qatar’s growth performance remains resilient. The direct economic and financial impact of the diplomatic rift between Qatar and some countries in the region has been manageable. Nonhydrocarbon real GDP growth is estimated to have moderated to about 4 percent in 2017 owing to on-going fiscal consolidation and the effect of the diplomatic rift. Headline inflation remains subdued, primarily owing to lower rental prices. The near-term growth outlook is broadly positive. Overall, GDP growth of 2.6 percent is projected for 2018. Inflation is expected to peak at 3.9 percent in 2018 before easing to 2.2 percent in the medium term. The underlying fiscal position continues to improve.

Subject: Banking, Commercial banks, Credit, Expenditure, Financial institutions, Fiscal policy, Fiscal stance, Money, Oil prices, Public debt

Keywords: Commercial banks, CR, Credit, East Africa, Fiscal stance, GDDS summary table II data coverage, GDP, Global, Growth, Growth performance, Hydrocarbon price, ISCR, Liquidity profile, Middle East, Near-term growth outlook, Non-hydrocarbon real GDP growth, North Africa, Private sector engagement, Real estate price index

Publication Details

Pages:

57
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2018/135
Stock No:

1QATEA2018001
ISBN:

9781484358399
ISSN:

1934-7685

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