Qatar economic growth has normalised in 2023 following World Cup boom – IMF
- Date: 21-Nov-2023
- Source: Zawya
- Sector:Financial Services
- Country:Qatar
Qatar economic growth has normalised in 2023 following World Cup boom – IMF
DUBAI - The International Monetary Fund (IMF) said on Tuesday that Qatar’s economic growth has normalised in 2023 following the World Cup-driven boom.
The IMF added that the economy of the world's top LNG exporter had a favourable medium-term outlook supported by LNG production expansion and intensifying reform efforts.
"Broad fiscal discipline amid hydrocarbon windfalls in 2022-23 resulted in sizeable surpluses and rapid central government debt reduction," IMF said.
(Reporting by Nayera Abdallah; Editing by Andrew Heavens) Qatar economic growth has normalised in 2023 following World Cup boom - IMF