FINANCIAL NEWS

Qatar infrastructure investment to support growth

05 Sep 2016

(MENAFN) Qatar huge infrastructure investment program will help growth amid 2016-2019 and the country will keep its strong government net asset position.

Accordingly, the program focuses on infrastructure, education and health and it is expected that the majority of these projects to be finished ahead of the 2022 FIFA World Cup.

Additionally, Qatar holds the third-largest proven natural gas reserves in the world and is the largest exporter of liquefied natural gas (LNG).

Meanwhile, the hydrocarbon sector contributes almost 50 percent of the country GDP, 90 percent of government revenues and gas taxes.

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