59859
Qatar Debt to Reduce
Qatar Debt to Reduce

Qatar Debt to Reduce

Qatar Debt to Reduce

Qatar’s fiscal space ought to improve on rebound in oil prices and proposed introduction of value added tax, thus avoiding a dip into reserves, and will also see gradual debt reduction ahead, according to BMI Research, a part of Fitch group, Zawya reported. “We believe Qatar’s fiscal balance will swing back into surplus in 2018 as VAT is introduced and energy prices continue to strengthen, facilitating a gradual reduction in debt levels—which currently stand at around 53% of GDP,” BMI said. Qatar’s budget deficit would narrow to 1.1% of GDP in 2017 as higher hydrocarbon prices increase  overnment earnings and measures to diversify state revenue are implemented, it said.

Short URL : https://goo.gl/Z3HQtj
  1. https://goo.gl/I14mo9
  • https://goo.gl/Gi2qCN
  • https://goo.gl/iSokRv
  • https://goo.gl/pdkQxC
  • https://goo.gl/qFWT7y

You can also read ...

Close to 40% of digital transformation initiatives will be supported by AI capabilities.
The digital economy in Asia-Pacific, or APAC, is expected to...
An electronic stock indicator of a securities firm in Tokyo.
As investors come to terms with the impending end of easy...
Most economists would agree that Italy needs faster economic growth if it is to resolve its public debt  and banking-sector problems in an orderly manner.
Italy’s economy is growing again, but it’s still the worst...
Maersk is expanding its competitive universe to include different types of companies.
The world’s largest container company will start looking for...
Lloyds Profits Miss Forecasts
Lloyds Banking Group PLC raised its 2017 dividend by 20% and...
CBs May Top Inflation Targets
Not only will central banks meet their inflation targets, they...
NZ Says Pacific Trade Deal Will Boost GDP
New Zealand estimates a Pacific trade deal would boost its...
Pak Current Account Gap Widens
Pakistan’s current account deficit widened 28.74% on a month-...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus