Qatar’s economy grows 6.2 percent in 2014

05 Apr 2015

(MENAFN) Despite the falling for oil price, the Qatari economy continued its strong performance, rising by 6.2 percent in 2014, Arab News reported.

Growth was attributed to the non-hydrocarbon sector, which sustained its double-digit growth, increasing by 11.5 percent on large investment spending.

The strong growth data are evidence to the resilience of the Qatari economy and its ability to withstand the decline in oil prices.

Its worth mentioning that Qatar has allocated external and fiscal buffers to continue implementing its ambitious investment program ahead of the FIFA 2022 World Cup.

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