Qatar: IMF says economy is ‘strengthening’ despite the boycott

Risk Management
Issue 1069 - 15 Nov 2018 | 4 minute read

IMF review: Doha has received a positive review from the International Monetary Fund following a visit in late October/early November. IMF team leader Mohammed El-Qorchi said the country’s economy “continues to strengthen,” with non-hydrocarbon output growing by 6% in H1 2018. Overall GDP growth for the period was 2.3%, including a 1.6% decline in the oil and gas sector, but economic growth is predicted to rise to 3.1% in 2019.

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