IMF raises its forecast for Qatar’s economic growth to 3.4% in 2022

IMF raises its forecast for Qatar’s economic growth to 3.4% in 2022

The International Monetary Fund raised its forecast for Qatar’s economic growth in 2022 to 3.4%, compared to a previous forecast of 3.2%.

In 2021, the Qatari economy recorded a real growth of 1.5%, compared to an estimate of the International Monetary Fund at 1.9%.

In a recent report, the International Monetary Fund predicted that the inflation index in Qatar would rise to 3.5% this year, compared to 2.3% last year, and that it would slow to 3.2% in 2023.

The report indicated that Qatar’s current account surplus this year will rise to 19.9% of GDP and an estimated amount of 160 billion riyals, to slow down to 15.1% of GDP in 2023.

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Arab Iron and Steel Union ( AISU ) was established in Algeria in 1971 as the first Arab union of Arab countries to be established under the umbrella of the Council of Economic Unity in the League of Arab States.

AISU is a non-governmental organization of a private nature, not of a political or commercial nature.

AISU works in the field of preparing studies, organizing courses and holding periodic conferences for the prosperity of the Arab iron and steel industry. The union includes a wide range of companies with multiple activities related to the iron and steel industry.

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17 Country

300.000 Employees

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