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FinancialNews


  • 17-06-19

    Qatar locks USD225b in GDP growth

    (MENAFN) Qatar's Minister of Commerce and Industry Ali bin Ahmed al-Kuwari revealed that the GCC nation stood at USD225 billion in its GDP growth for last year.

    Annual real GDP growth rate at constant prices, last year, was witnessed to have logged 1.4 percent with a rate that is "better-than-expected," the Qatari minister affirmed.

    Bilateral trade between Qatar and the United States, over a five-year period, hit USD26.7 billion to see the trade balance lock 84.5 percent or USD22.6 billion.

    Al-Kuwari added that Qatar is forecast for a 2.7 percent economic boost for this year, and a 3 percent jump by next year due to foreign direct investments.

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