Industry in Qatar
Qatar - IndustryThe economy likely performed well in the third quarter, after annual growth accelerated in the second quarter. The merchandise trade surplus in September grew nearly 26% over the same month a year earlier, despite the ongoing blockade. This was largely due to increased hydrocarbon shipments. Moreover, on 14 November the IMF noted that the government’s fiscal position is improving and that the Central Bank’s FX reserves have increased. The following week, the cabinet approved the 2019 draft budget, which includes spending for the 2022 World Cup and is expected to result in the first fiscal surplus in five years.
Qatar - Industry Data
|Industrial Production (annual variation in %)||2.2||1.9||1.7||0.8||1.5|
5 years of economic forecasts for more than 30 economic indicators.
|Exchange Rate||3.64||-0.03 %||Nov 29|
|Stock Market||0.3||0.34 %||Nov 28|
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