Qatar’s GDP forecast for 2013 up at 4.8%
Qatar’s GDP forecast for 2013 up at 4.8%
Infrastructure projects cost overrun jumps from $95 bn to $138 bn Inflation put at 3.5 %
Qatar has raised its economic growth outlook for the next year with the gross domestic product (GDP) forecasted to expand 4.8 percent in 2013 instead of the 4.5 percent which authorities predicted in June, according to the General Secretariat for Development Planning update released on Sunday. However, inflation and a cost overrun of huge infrastructure projects from an estimated $95 billion to around $138 billion between 2011 and 2016 remain areas of concern.
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