Home » Qatar economic growth has normalised in 2023 following World Cup boom – IMF

Qatar economic growth has normalised in 2023 following World Cup boom – IMF

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Qatar economic growth has normalised in 2023 following World Cup boom – IMF

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November 21, 2023February 12, 2023

The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas Acquire Licensing Rights

DUBAI, Nov 21 (Reuters) – 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

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