Qatar to be fastest growing GCC economy

Qatar to be fastest growing GCC economy
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Published December 2nd, 2012 - 03:00 GMT via SyndiGate.info

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Qatar will have the fastest growing economy in the GCC, according to Fitch Ratings
Qatar will have the fastest growing economy in the GCC, according to Fitch Ratings
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Fitch Ratings

Qatar will remain the fastest growing of all GCC sovereigns in 2013, driven by the government’s huge capital investment programme, Fitch Ratings has forecast.

Growth is set to rise as the fiscal stimulus would be triggered by a combination of healthy bank lending rates and buoyant consumer and business confidence, Fitch said in its first quarterly GCC Sovereign Credit Overview. 

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Copyright 2012 Al Hilal Publishing & Marketing Group

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