{
  "title": "Qatar: 2019 Article IV Consultation-Press Release; Staff Report",
  "publication": "IMF Staff Country Reports, June 3, 2019",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2019/06/02/qatar-2019-article-iv-consultation-press-release-staff-report-46956",
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  "summary": "This 2019 Article IV Consultation discusses that stronger real gross domestic product (GDP) growth is envisaged in the near term, with a recovery in hydrocarbon output. Medium-term growth will be buoyed by increased gas production and non-hydrocarbon growth.",
  "sections": [
    {
      "heading": "Near-term and medium-term growth prospects",
      "content": "- Stronger real gross domestic product (GDP) growth is envisaged in the near term, with a recovery in hydrocarbon output.\n- Medium-term growth will be buoyed by increased gas production and non-hydrocarbon growth.\n- Ample liquidity will enable credit growth to support non-hydrocarbon GDP."
    },
    {
      "heading": "Fiscal and external positions",
      "content": "- Expenditure consolidation would help to sustain fiscal and external surpluses.\n- Trade and geopolitical tensions could undermine investor confidence and weaken fiscal and external positions."
    },
    {
      "heading": "Financial sector assessment and stability",
      "content": "- The financial sector remains sound, underpinned by strong profitability and capital.\n- Strengthening the regulatory and supervisory frameworks would help to bolster financial stability.\n- Enhancing resiliency of the financial sector is identified as a policy priority."
    },
    {
      "heading": "Policy priorities and reforms",
      "content": "- Fiscal consolidation.\n- Strengthened fiscal policy frameworks.\n- Enhanced resiliency of the financial sector.\n- Financial inclusion.\n- Diversified economy.\n- Attention to women’s empowerment by introducing legislation emphasizing equality in remuneration and avoiding gender-based discrimination to support inclusive growth."
    },
    {
      "heading": "Risks and external factors",
      "content": "- Trade tensions and geopolitical tensions pose downside risks by potentially undermining investor confidence and weakening fiscal and external positions.\n\n---\n\n Content in this bundle\n\n- 1qatea2019001\n  - 1qatea2019001 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1qatea2019001 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: June 3, 2019",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781498317801.002",
    "Stronger real gross domestic product (GDP) growth is envisaged in the near term, with a recovery in hydrocarbon output.",
    "Medium-term growth will be buoyed by increased gas production and non-hydrocarbon growth.",
    "Ample liquidity will enable credit growth to support non-hydrocarbon GDP.",
    "Trade and geopolitical tensions could undermine investor confidence and weaken fiscal and external positions.",
    "The financial sector remains sound, underpinned by strong profitability and capital.",
    "Strengthening the regulatory and supervisory frameworks would help to bolster financial stability.",
    "Enhancing resiliency of the financial sector is identified as a policy priority.",
    "Fiscal consolidation.",
    "Strengthened fiscal policy frameworks.",
    "Enhanced resiliency of the financial sector.",
    "Financial inclusion.",
    "Diversified economy.",
    "Attention to women’s empowerment by introducing legislation emphasizing equality in remuneration and avoiding gender-based discrimination to support inclusive growth.",
    "Trade tensions and geopolitical tensions pose downside risks by potentially undermining investor confidence and weakening fiscal and external positions.",
    "**1qatea2019001**"
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