FINANCIAL NEWS

Qatar’s economy to continue its sustainable position

07 Feb 2016

(MENAFN) Qatar is facing challenges in short-term, but in the long-term, strong macroeconomic fundamentals suggests that economy will continue to have sustainable outlook.

Accordingly, only 2 percent of wealth is organized by experts in Qatar as against 5 percent in KSA, which is higher in developed nations, which is a good chance to be in Qatar.

However, there was negative news of fall in oil prices and against this Doha bank would like to showcase the chances in the country, while investors should focus on long term view.

Qatar’s 2016 GDP growth is predicted to be 4.3 percent, which has budgeted for income of USD 42.81bn and spending’s of USD 55.56bn for the year.

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