IMF Staff Country Reports

Qatar: Staff Report for the 2011 Article IV Consultation

January 31, 2012

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Qatar: Staff Report for the 2011 Article IV Consultation, (USA: International Monetary Fund, 2012) accessed September 19, 2024

Summary

This 2011 Article IV Consultation highlights that Qatar is using its fiscal space, generated from an increase in hydrocarbon production and prices, to implement a large public spending program. Large infrastructure investments are expected to sustain strong growth of 9 percent to 10 percent in the nonhydrocarbon sector in the medium term. The potential inflationary effect of the recent fiscal package is estimated to be about 1 percentage point. This underscores the need for fiscal policy to monitor aggregate demand and for the Qatar Central Bank to manage liquidity.

Subject: Banking, Commercial banks, Expenditure, External debt, Financial institutions, Fiscal policy, Fiscal stance, Public debt

Keywords: Balance of payments, Balance of payments statistics, Commercial banks, CR, Debt, East Africa, Financial asset, Financial market, Fiscal stance, Foreign currency, GDDS summary table II, Global, Headline inflation, ISCR, Manpower planning exercise, Middle East, North Africa, Qatar, Qatari riyal, Real gross domestic product

Publication Details

  • Pages:

    65

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2012/018

  • Stock No:

    1QTAEA2012001

  • ISBN:

    9781463934491

  • ISSN:

    1934-7685