NO. 32


Financial and Banking News

Budgets & Revenues

Qatar Issues Economic Statistics

Gross domestic product (GDP) in Qatar fell to QR26.2bn ($7.2bn) in 1993 fromQR27.8bn ($7.6bn) in 1992 as a result of the sharp decline in world oil prices,according to the Economic Survey of Qatar 1993, which was recently published bythe Qatari Ministry of Finance, Economy and Trade. The inflation in Qatar morethan doubled in 1993 to 7.6% from 3.1% in 1992, while at the same time the...