The International Monetary Fund stated on Friday that Qatar has displayed significant resilience amidst global uncertainty and geopolitical tensions. Despite conflicts and tensions in the region, such as the Israel-Gaza conflict and tension in the Red Sea, Qatar’s economic stability remained intact. While there may be a temporary impact on liquefied natural gas exports, particularly due to diversion, the country is expected to return to normal rates of economic growth after hosting the FIFA World Cup.
Looking towards the future, the IMF predicts a more positive outlook for Qatar, with average growth expected to rise to about 4.5%. This growth is attributed to the significant expansion in liquefied natural gas production in the country.
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