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The Rise From Rags To Riches Of This Tiny Nation Is INSANE!
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Despite challenging times, Qatar remains one of the most competitive and powerful economies in the region. known for its gas reserves, Qatar has not been affected by the drop in the price of oil to the extent of other countries who heavily rely on oil exports, and are now forced into making painful public spending adjustments. Weaker oil prices have led to a contraction in hydrocarbon revenues but non-hydrocarbon sector growth is strong and expected to be around 5.7% in 2017, contributing to an overall GDP growth of just under 3%. This is an enviably good rate compared to other parts of the world and is the highest forecast in the GCC. Qatar has maintained its position at the top of the international table for GDP per capita. The reason for Qatar’s position of strength is thanks to the wise and far sighted leadership of the country. Qatar has an ambitious and long-term development plan under the National Vision 2030 to diversify its economy, with infrastructure spending related to transport, education, sports, healthcare, telecommunication and hospitality being a key part of this plan. Healthy economic growth in times of weaker oil prices is a demonstration that the strategy of economic diversification is already proving successful..in this video, we are looking into Qatar's INSANE rise from rags to riches
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TAGS: #qatar #qatar2022 #qatar2023 #qatarlife #qatarnews
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References:
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Diario AS
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🔔 Subscribe to our channel to see more of our content!
Despite challenging times, Qatar remains one of the most competitive and powerful economies in the region. known for its gas reserves, Qatar has not been affected by the drop in the price of oil to the extent of other countries who heavily rely on oil exports, and are now forced into making painful public spending adjustments. Weaker oil prices have led to a contraction in hydrocarbon revenues but non-hydrocarbon sector growth is strong and expected to be around 5.7% in 2017, contributing to an overall GDP growth of just under 3%. This is an enviably good rate compared to other parts of the world and is the highest forecast in the GCC. Qatar has maintained its position at the top of the international table for GDP per capita. The reason for Qatar’s position of strength is thanks to the wise and far sighted leadership of the country. Qatar has an ambitious and long-term development plan under the National Vision 2030 to diversify its economy, with infrastructure spending related to transport, education, sports, healthcare, telecommunication and hospitality being a key part of this plan. Healthy economic growth in times of weaker oil prices is a demonstration that the strategy of economic diversification is already proving successful..in this video, we are looking into Qatar's INSANE rise from rags to riches
-----------------------------------------------------------------------------------------
TAGS: #qatar #qatar2022 #qatar2023 #qatarlife #qatarnews
-----------------------------------------------------------------------------------------
References:
onlineqatar
Diario AS
RIGHT NOTICE: The Copyright Laws of the United States recognize a “fair use” of copyrighted content. Section 107 of the U.S. Copyright Act states: “Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work, including such use by reproduction in copies or phonorecords or by any other means specified by that section, for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research, is not an infringement of copyright.” This video and our YouTube channel, in general, may contain certain copyrighted works that were not specifically authorized to be used by the copyright holder(s), but which we believe in good faith are protected by federal law and the fair use doctrine for one or more of the reasons noted above.
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