FINANCIAL NEWS

Qatar to grow 3.9 percent on resilient non-oil sector

26 Jul 2016

(MENAFN) Public investment will continue to underpin Qatari economic growth, particularly in the non-hydrocarbon sector.

On the other hand, economic activity is predicted to remain rather buoyant with an expected 3.9 percent growth in 2016-2017.

Accordingly, the government’s USD200bn development plan remains the hub of the country’s economic growth.

Furthermore, real non-oil growth is projected to reach 6.3 percent and 6.4 percent this year and in the coming year.

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