{
  "title": "Qatar: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Qatar",
  "publication": "IMF Staff Country Reports, May 30, 2018",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2018/05/30/qatar-2018-article-iv-consultation-press-release-staff-report-and-statement-by-the-executive-45915",
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  "summary": "This 2018 Article IV Consultation highlights that Qatar’s growth performance remains resilient. The direct economic and financial impact of the diplomatic rift between Qatar and some countries in the region has been manageable.",
  "sections": [
    {
      "heading": "Growth performance and near-term outlook",
      "content": "- Qatar’s growth performance remains resilient.\n- Nonhydrocarbon real GDP growth is estimated to have moderated to about 4 percent in 2017 owing to on-going fiscal consolidation and the effect of the diplomatic rift.\n- The near-term growth outlook is broadly positive.\n- Overall, GDP growth of 2.6 percent is projected for 2018."
    },
    {
      "heading": "Inflation dynamics",
      "content": "- Headline inflation remains subdued, primarily owing to lower rental prices.\n- Inflation is expected to peak at 3.9 percent in 2018 before easing to 2.2 percent in the medium term."
    },
    {
      "heading": "Impact of the diplomatic rift and financial conditions",
      "content": "- The direct economic and financial impact of the diplomatic rift between Qatar and some countries in the region has been manageable.\n- The underlying fiscal position continues to improve."
    },
    {
      "heading": "Thematic focus and subject areas covered",
      "content": "- Banking, Commercial banks, Credit, Expenditure, Financial institutions, Fiscal policy, Fiscal stance, Money, Oil prices, Public debt\n- Keywords reflected in the report include: Commercial banks, CR, Credit, East Africa, Fiscal stance, GDDS summary table II data coverage, GDP, Global, growth, growth performance, hydrocarbon price, ISCR, liquidity profile, Middle East, near-term growth outlook, Non-hydrocarbon real GDP growth, North Africa, private sector engagement, real estate price index\n\nSource: Qatar: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Qatar (May 30, 2018).\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: May 30, 2018",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484358399.002",
    "Qatar’s growth performance remains resilient.",
    "Nonhydrocarbon real GDP growth is estimated to have moderated to about 4 percent in 2017 owing to on-going fiscal consolidation and the effect of the diplomatic rift.",
    "The near-term growth outlook is broadly positive.",
    "Overall, GDP growth of 2.6 percent is projected for 2018.",
    "Headline inflation remains subdued, primarily owing to lower rental prices.",
    "Inflation is expected to peak at 3.9 percent in 2018 before easing to 2.2 percent in the medium term.",
    "The direct economic and financial impact of the diplomatic rift between Qatar and some countries in the region has been manageable.",
    "The underlying fiscal position continues to improve.",
    "Keywords reflected in the report include: Commercial banks, CR, Credit, East Africa, Fiscal stance, GDDS summary table II data coverage, GDP, Global, growth, growth performance, hydrocarbon price, ISCR, liquidity profile, Middle East, near-term growth outlook, Non-hydrocarbon real GDP growth, North Africa, private sector engagement, real estate price index",
    "**Country Report**"
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