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Country Economic Forecasts > Qatar

  • March 2017
  • -
  • Oxford Economics
  • -
  • 8 pages

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We still expect GDP growth to accelerate modestly to 3.4% in 2017 and 4.4% in 2018 from an estimated 2.3% in 2016. Non-oil growth will be boosted by rising hydrocarbon prices (versus last year), waning fiscal consolidation and a stronger projects market. And the Barzan gas project and the new Ras Laffan II condensates refinery will more than offset OPEC-led cuts in crude production in H1.

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