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Qatar has excellent macroeconomic figures (inflation, trade balance, public debt/GDP …): how will the plans to increase offshore oil production and to diversify the economy improve this already outstanding situation?
I’ll give you an overview about the steps officiallly taken by the officials for a more diversified and innovative economy.
As you know, Qatar is blessed with resources: we are the largest exporter of liquefied natural gas (LNG) in the world, and the country’s exports of LNG, crude oil and petroleum products provide a significant portion of government revenues. According to the Qatar National Bank (QNB), Qatar’s earnings from its hydrocarbon sector accoun-ted for 49% of the country’s total government revenues in 2014...
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