Qatar

Context: Availability of buffers has enabled Qatar to successfully absorb the adverse shocks from the 2014–16 decline in oil prices and the 2017 diplomatic rift. The policy priorities are fiscal consolidation, strengthened fiscal policy frameworks, enhanced resiliency of the financial sector, financial inclusion, and a diversified economy. Outlook and risks: Stronger real GDP growth is envisaged in the near term, with a recovery in hydrocarbon output. Medium-term growth will be buoyed by increas