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FINANCIAL NEWS
Qatar- 5.3% GPD growth expected in 2013
27 Jun 2013
(MENAFN) Qatar expects 5.3% growth this year regarding real gross domestic products GDP, the government has upgraded the percentage from 4.8% as a result of its oil and gas productivity, times of Oman reported.
The General Secretariat for Development Planning said:” This forecast is consistent with somewhat higher inflation in the second half of 2013, but also anticipates that the accelerating inflationary trend seen since the second quarter of 2012 will peter out by end-2013.”
It’s worth mentioning that Qatar reached a surplus of 8.1% this year with analysts forecast to fall to 4.7% in GDP in 2014.
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