Qatar Raises 2013 Economic Growth Forecast To 6%

Qatar’s economy is likely to grow 6.0 per cent this year, slightly faster than previously expected, partly because of higher gas production, the Ministry of Development Planning and Statistics said in a report on Monday.

Gross domestic product growth in the world’s top liquefied natural gas exporter is forecast to ease to 4.6 per cent in 2014, the report showed.

In their previous economic outlook, released in June, Qatari authorities forecast 2013 growth of 5.3 per cent and 2014 growth of 4.5 per cent, after 6.2 per cent in 2012.