Qatar growth to be propelled by govt’s thrust on infrastructure

Despite Qatar’s “reliance on the oil and gas sector”, the country’s economy is expected to continue growing, propelled by the government’s strong commitment to continue investing in major infrastructure projects as part of its efforts to diversify its revenue sources, a new report has shown.

Qatar is likely to have registered a GDP growth of 4.7% in 2015, which is expected to rise to 4.9% this year, said Al Masah Capital in a report.

The Mena Region, it said, was expected to witness a 3.8% growth in GDP in 2016.

 

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