Qatari economy stronger than in 2020, GDP expected to grow 3.5% in 2022: QCB Governor

Qatari economy stronger than in 2020, GDP expected to grow 3.5% in 2022: QCB Governor

Qatar’s economy is much stronger than it was in 2020, HE the Governor of Qatar Central Bank (QCB) Sheikh Bandar bin Mohamed bin Saoud al-Thani said and noted the country’s GDP is expected to grow 3.5% in 2022.

In his opening keynote at The Euromoney Qatar Conference on Sunday, Sheikh Bandar noted that occupies a distinguished position as one of the world's leading countries in the production and export of clean liquefied natural gas (LNG).

The event was held under the patronage of HE the Prime Minister and Minister of Interior Sheikh Khalid bin Khalifa bin Abdulaziz al-Thani.

HE Sheikh Bandar said the country's economy has proven strength and resilience despite the economic challenges imposed by the outbreak of the Coronavirus (Covid-19) pandemic.

“This is a result of the directives of the wise leadership, and the economic and financial support plan that was implemented to assist the sectors affected by the measures to limit the spread of the pandemic,” the QCB Governor said.

Qatar, he said succeeded in protecting the society from the catastrophic effects of the pandemic by adopting a balanced approach and taking measures and policies in the field of public health, which allowed a smooth and safe return to normal life.

HE Sheikh