Significant consolidation and lower less productive current spending make the ongoing fiscal adjustment in the Gulf Co-operation Council (GCC) less costly than previously thought, according to an International Monetary Fund (IMF) study.
Solid profitability, robust capital base, lower bad loans and adequate provisioning help Qatar's banking sector withstand severe macroeconomic shocks, according to the International Monetary Fund (IMF).
"When testing for the asymmetry relating to the magnitude of oil price changes, we find that stock return sensitivities are significantly higher for large oil variations in Oman and Qatar," the IMF working paper said.
Mohammed El Qorchi said that IMF believes the State of Qatar's policy towards economic diversification has been good.
The global economy is expected to grow at a solid pace through next year, boosted by faster expansion in the United States and Europe, but after that risks will build, the International Monetary Fund said on Tuesday.
The International Monetary Fund foresees strong, stable growth in the world economy for 2018-19 but is warning that a souring political climate for trade could weaken one of the engines of global prosperity ...
HE the Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohamed al-Thani met with Tao Zhang, deputy director general, IMF, on the sidelines of the ‘Economic roadshow’ in Washington, DC.
Qatar’s banking system needs no further support from the central bank and sovereign wealth fund as the decline in non-resident liabilities of lenders have subsided, according to the International Monetary Fund (IMF).