Qatar: 2023 Article IV Consultation-Press Release; and Staff Report

Author: International Monetary Fund. Middle East and Central Asia Dept.

Volume/Issue: Volume 2024 Issue 043

Publication date: February 2024

ISBN: 9798400266911

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Topics covered in this book

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Exports and Imports , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Business and Economics - Statistics , International - Economics , LNG production expansion , money market rate , financial asset , IMF staff calculation , labor market dynamics , policy buffer , Fiscal stance , Anti-money laundering and combating the financing of terrorism (AML/CFT) , Public sector , Global , Middle East , North Africa , East Africa

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Summary

After very strong economic performance in 2022, boosted by the successful hosting of the 2022 FIFA World Cup, output growth has been normalizing. High hydrocarbon prices further strengthened fiscal and external positions. Banks are strong, although non-performing loans continued to edge up. Reforms have gained momentum and are expected to intensify under the upcoming Third National Development Strategy.