Wednesday , October 18 2017

Tag Archives: GDP

GDP growth picks up in first quarter – Investment boosts foreign reserves; fiscal deficit narrows to 11% of GDP in FY16/17

KUWAIT CITY, Sept 18: The economic recovery strengthened noticeably during the first half of 2017 following the 2016 slowdown. The economy has benefited from strong export growth, a revived tourism sector (albeit from a low base) and a healthy increase in investment. The government’s reform program, starting with the November …

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GDP seen to grow 3pct in ‘16, 3.1% in ‘17

The Qatari economy is expected to continue its expansion over the next few years despite the slowdown in non-hydrocarbon sector activity observed against the backdrop of low energy prices and government fiscal restraint. Elevated public investment in the government’s $200 billion infrastructure development plan, including FIFA World Cup 2022 projects, …

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Real GDP expands by 1.8 pct in 2015 – Growth boosted by strong investment

KUWAIT CITY, Aug 22: Preliminary national account figures show overall GDP growth accelerating to 1.8 percent in 2015 from 0.5 percent in 2014, boosted by record high investment. While the figures show nonoil GDP growth slowing to 1.3 percent in 2015, we think growth will likely be revised higher when …

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Qatar’s real GDP growth slows to 3.8 pct y/y in Q3 – Trade surplus shrinks 54% y/y in November

DOHA, Qatar, Jan 3, (RTRS): Qatar’s Ministry of Development Planning and Statistics released the following preliminary third-quarter gross domestic product data on Sunday, adjusted for inflation. Qatar Real GDP             Q3/15    Q2/15      Q1/15 pct change year/year             3.8        4.8          4.1 pct change quarter/quarter       2.8        0.5          3.4 Note: The base year is 2013. …

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Reforms to hit citizens hard – Govt must share responsibility

It is impossible for any rational mind to be distinctly convinced by irrational economic reforms, especially if the proposed reforms bear the actual impact of economic mistakes or fundamentals of the reform plans. I am talking about the recent leakage of horrific unfair recommendations by one of the committees in …

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GDP growth in ’15 forecast to slowdown to 3.5 percent yr/yr

Oil sector growth seen anemic in near-to-medium term KUWAIT CITY, Oct 2: Real economic growth in the UAE is forecast to slow down modestly in 2015 to around 3.5% year-on-year (y/y) in 2015, as real oil GDP growth continues to get stung by conditions in the international energy markets. Growth …

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