Qatar to run deficit
Qatar The government assumes a deficit of 7.8% of GDP for this year, up from 4.8% predicted at the start of 2016. For 2017, the country is expected to run a deficit of 7.9% of GDP. Pressure on the government’s revenue is forecast to ease the year after, with the report assuming a deficit of 4.2% of GDP for 2018.
While Qatar is expected to maintain economic growth over the next three years, the report warned that additional austerity measures would be needed in 2016 if the government is to meet its projections.
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