Qatar to post robust economic growth
Qatar is set to post robust economic growth, with 2006 real GDP increasing by 8.0%, before falling in 2007 to 7.0%, according to BMI. Growth is projected to be underpinned by expansion in the hydrocarbon sector, and high government spending supported by high energy prices.
Economic growth is expected to decelerate to 5.7% in 2010. Expansion in the natural gas sector will be a key driver of growth going forward. BMI expects an expansion rate of 10% this year.