VOL. XXXIX

No. 43

22-July-1996

QATAR

IMF Urges Fiscal Reform In Qatar

The Qatari economy is "at present poised at a crucial juncture," according to the International Monetary Fund's (IMF) Article IV report on Qatar, dated 14 May. If economic and fiscal policy is not changed, the Fund says, it is likely that over the next three or four years the emirate will continue to run large fiscal and current account deficits, build up a sizeable burden of external debt and run down official...