The GCC recovery built momentum in the third quarter (Q3), thanks to vaccine progress, easing of health restrictions, and higher oil output, Oxford Economics said in a report.

The inflation risk in the Gulf Co-operation Council (GCC) is low, despite surging food costs, according to Oxford Economics.

Qatar’s relatively strong fiscal position, planned infrastructure spending for the 2022 World Cup and ongoing benefits for public sector workers should underpin recovery in the country’s demand growth in 2021

The stronger dollar has supported the pegged Qatari riyal, Oxford Economics said and noted there is only a “very small chance of depegging even if co-ordination over policy with other Gulf countries ...

Qatar’s economy is set to recover from the pandemic in second half of this year (H2) and grow steadily over the medium term, amid ongoing investment ahead of World Cup 2022 and a rise in gas production ...

Most GCC countries are resilient enough to weather the coronavirus storm, Oxford Economics said and noted restrictive measures have been in place for several weeks ...

Qatar has taken the lead in bond issue, Oxford Economics said and noted other governments in the region could follow soon to “help finance the economic and fiscal shortfall” this year.

Qatar is among the financially strong countries that is able to "afford more significant fiscal support" despite the slump in oil prices, Oxford Economics said in its research brief on GCC response to the Covid-19 crisis.

Qatar is “more resilient” to lower oil prices than other producers, thanks to the lowest fiscal break-even (at $45.4 per barrel in 2020) in the GCC, large financial buffers and greater flexibility ...

Qatar’s GDP growth is seen averaging 2.9% in 2021-22, according to Oxford Economics, which still looks for an “improvement” in the medium term, amid ongoing investment ...

Qatar economy will see further improvement in the medium term; Oxford Economics said and noted the country’s GDP growth is seen averaging 2.9% in 2021-22.

Qatar is set to remain the “fastest” growing country in the GCC region at 3.5% this year and 3.7% in 2017, the Institute of Chartered Accountants in England and Wales (ICAEW) has said in a report.