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Qatar is economically superior in 2019 Other Services

06 Jan 2019| Posted by Morris | In Other Services

The country has overcome the blockade in 2018. It is economically superior in 2019. The economic expert, "Rory Fife" that Qatar is now on the stage of "beyond the siege." In a report by Jonathan Gurvitt of the Hong Kong-based Asia Times, it is likely that in 9102 Qatar will play a larger role in multilateral foreign projects while continuing to prepare for the 2202 World Cup, as well as increasing its export of gas As a "superpower" in its production. In light of these indicators, Fife expects Qatar to grow by at least 2.3 percent in 2019 as the burden of the blockade on the macro economy wanes as the financial situation improves and confidence recovers, helping trade, investment and consumption. "Imports declined immediately after the blockade, but Qatar quickly established new supply routes and opened the new Hamad port in September 7102," the paper quoted Jason Twai, chief economist for emerging markets at Capital Economics, as saying. The economy has regained its status to a large extent. "At the same time, Qatar has continued to work on some of the huge infrastructure projects for the World Cup 2202, Will generate more momentum in favor of it in the year 2019 as the country is ready to expand its production of liquefied natural gas by 40%, according to the report The report pointed out that Qatar has 41% of the total known reserves of natural gas, making them responsible for 6.72% The total LNG shipments in the world, which means that increasing their production will lead to a significant increase in the revenues of the state Chinese market dramatically, as Beijing converts electricity production from coal-fired power plants to other natural gas, prompting the company recently »PetroChina« to sign a contract with Qatar Petroleum to double the amount of gas imported.

The report also predicts that the next 21 months will see Doha continue to adopt an independent foreign policy, to the annoyance of Saudi Arabia, the United Arab Emirates and Bahrain, and the siege that Gurfeet has described as ineffective and unproductive. In the last few months, Doha has provided two million dollars in funding to the Hamas-run government in the Gaza Strip, Paid the salaries of local government employees, and transported armored vehicles to Mali to support Sahelian countries fighting the extremists Local, and at the same time it is seeking to facilitate a peace agreement in Afghanistan.

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