Qatar central bank governor expects GDP growth of 3.5% in 2022
Reuters
Published May 29, 2022 03:23AM ET
Updated May 29, 2022 10:20AM ET
DOHA (Reuters) -Qatar's gross domestic product (GDP) should grow 3.5% in 2022, Central Bank Governor Sheikh Bandar bin Mohammed bin Saoud Al-Thani told a conference on Sunday in Doha.
Al-Thani was citing forecasts from international organisations.
The energy-rich Gulf emirate plans to start licensing financial technology companies soon, he added.
Fitch Ratings in April forecast Qatar's GDP would grow 3.2% in 2022, from 1.6% in 2021, reflecting increased output from the soccer World Cup that the country is hosting in November and December and the post-pandemic recovery.
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Written By: Reuters
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