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  • 13-02-18

    IMF: Qatari economic growth a result of diversification

    (MENAFN) Qatari non-oil sector stable growth has been a result of strong diversification policy, International Monetary Fund (IMF) Managing Director Christine Lagarde declared.

    The statement has been made while at Qatar University for a roundtable discussion that revolved around the theme "Strategic Outlook: Qatar in its New Era".

    "Economic diversification is absolutely needed... in order not to depend on a single source of supply or one destination or one mechanism. But it is also about changing the balance between public and private sector," the chief emphasized.

    She also pointed out how 'generous' subsidies that are paid over a social deal are not reasonable for grounds that include the economy experiencing fiscal drain.

    MENAFN1302201800450000ID1096458840

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