27 Nov, Doha: Qatar economy continues to grow at the fastest pace in the GCC region, said Qatar Central Bank Governor Sheikh Abdulla bin Saoud al Thani, Qatar News Agency said Sunday.
Al-Thani said that despite the blockade imposed on Qatar by its neighbors, Qatar’s economy has shown resilient performance in the post-economic blockade period.
Qatar’s real GDP is projected to grow at 2.5 percent in 2017, he added.
Al- Thani commented on the latest IMF report, that the real GDP growth is expected to grow at 3.1 percent in 2018, up from 2.5 percent in 2017.
He also stated “the trade, current account balance and inflation are all stable, in addition to the exports and imports.”
“Driven by buoyant oil prices, we expect the current account to exhibit an improved performance during the year,” he said. Xinhua