DOHA: The International Monetary Fund (IMF) underlined that the measures adopted by the State of Qatar to face the consequences of the siege have contributed to easing the impact of it, and enabled the national economy to gain more rigour in the face of any emergency circumstances may be exposed to.
In statements to Qatar News Agency (QNA), Director of the Middle East and Central Asia Department at IMF, Jihad Azour, said that the Qatari economy managed to take a series of measures last year to mitigate the negative repercussions of the siege crisis.
The Qatari government has liberalised the trade movement, diversified investments and injected liquidity into the financial system, thus contributing to introducing a new dynamic to the national economy.
He noted that the investment diversification program carried out by the Qatari government and its preparation for hosting the 2022 World Cup contributed to strengthening the Qatari economy, in addition to the rise in oil and gas prices globally which constituted a positive boost to the economy.
