Qatar's GDP growth seen at 16% in 2010-11

27 March 2010

Qatar's Prime Minister, Sheikh Hamad bin Jassim al-Thani has said the country's economy had grown 11% in 2009 and is expected to grow by 16% in 2010/2011, Reuters has reported. The Qatar economy is seen to outperform in the coming years due to its expansions in gas facilities. The International Monetary Fund expects the Gulf state's GDP to expand by 18.5% this year and has warned against a risk of potential overheating. The fiscal year in Qatar starts in April.

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