Qatar : 2007 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Qatar

1QATEA2008001 Image
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Release Date: © January, 2008
ISBN : 978-1-45183-261-7
Stock #: 1QATEA2008001
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Budget revenue in FY2006/07 amounted to 42 percent of GDP, with hydrocarbon revenue mirroring rising oil prices. The current account recorded a surplus of about 31 percent of GDP in 2006. Monetary conditions were characterized by ample liquidity and strong credit growth. Qatar’s medium-term (2008–12) outlook is favorable. As of June 2007, annualized inflation was estimated to have risen to 13 percent, compared with 12 percent during 2006. Designing a credible transition plan to implement the vision of a single financial market will be challenging.


Balance of payments , Economic cooperation , Economic policy , Inflation , Monetary policy , Monetary unions

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