Qatar economic growth forecast 2012

World Economic outlook - Qatar economic growth forecast 2012 : Qatar's economic growth will slow next year and it faces an increased risk of lower oil and gas prices due to weaker global demand, but the overall outlook for its economy is positive, the International Monetary Fund said on Sunday.

The world's top liquefied natural gas exporter saw its economy expand at a double-digit clip in 2011 and it plans to spend heavily on infrastructure projects before it hosts the 2022 soccer World Cup.

Qatar economic growth forecast 2012

World Economic outlook - Qatar's economic growth forecast 2012 : Qatar's economic growth is expected to slow down sharply to 5.1 percent in 2012, from a projected 15 percent for this year as the country's decades-long gas expansion programme winds down, the Gulf state's development planning authority GSDP said on Tuesday.

"The GSDP foresees a sea change in the economy's dynamics in 2012," the General Secretariat for Development Planning (GSDP) said in a report. "The impulse to growth from vigorous expansion of the hydrocarbon sector in past years will rapidly recede and growth will increasingly depend on solid performance in other sectors," it said.