An increase in the forecast Opec basket price to $54 a barrel in 2017 will give some respite to the GCC countries, BMI Research said, even as the Fitch Group company expects an aggregate fiscal deficit of $183bn for the region next year.
Qatar’s food and drink sector will see sustained growth spurred by a surging population and rising spending power, BMI Research has said in a new report.
Fuel subsidy reform will help Qatar reduce its budget deficit by allowing spending to decrease, according to BMI Research, a Fitch Group company.
Qatar possesses greater financial buffers and continues to fund large government projects, in preparation for the 2022 FIFA World Cup; BMI Research said, and noted that the country faced lower economic risks compared to other countries in the region.
Qatar's mobile subscriber base may end 2016 with 4.86mn mobile subscribers, and rise to 5.42mn by 2020, BMI Research has said in its latest report.
Continued inbound arrival is expected to spur international tourism receipts for Qatar, which is expected to reach nearly $11.9bn by 2020, BMI Research has said in a new report.
Qatar’s hydrocarbon growth will be “relatively elevated” in 2016 compared to the next five years, as phases one and two of the $10.3bn Barzan gas projects are being finalised, BMI Research has said in a new report.
Qatar will post its “first current account deficit” in almost two decades this year, as hydrocarbon prices remain depressed, shows a new report by BMI Research, a Fitch Group Company.
The Qatari government's increase of petrol prices is a “positive” move, given the need for fiscal consolidation as revenues have “fallen sharply” alongside hydrocarbon prices ...
Qatar Central Bank is expected to maintain its policy rate at 4.5% for most of 2016 to support lending amid economic growth slowing down, says a senior economist.
Total household spending in Qatar is expected to grow by an average annual rate of 12.9% to reach $45bn by 2019, BMI Research has said in a report.
