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FINANCIAL NEWS
GDP growth forecast increased to 5.3%: Qataro govt
28 Jun 2013
(MENAFN) Qatar’s government has raised its forecast for real gross domestic product growth in 2013 to 5.3 percent from 4.8 percent, citing changes to its expected output of oil and gas.
The General Secretariat for Development Planning predicted growth of 4.5 percent next year. In 2012, GDP rose 6.2 percent.
Pipeline gas production will rise this year and unscheduled shutdowns, which limited energy output in 2012, are unlikely to be repeated, the secretariat said in a report.
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