Budget revenue in FY2006/07 amounted to 42 percent of GDP, with hydrocarbon revenue mirroring rising oil prices. The current account recorded a surplus of about 31 percent of GDP in 2006. Monetary conditions were characterized by ample liquidity and strong credit growth. Qatar’s medium-term (2008–12) outlook is favorable. As of June 2007, annualized inflation was e...

Budget revenue in FY2006/07 amounted to 42 percent of GDP, with hydrocarbon revenue mirroring rising oil prices. The current account recorded a surplus of about 31 percent of GDP in 2006. Monetary conditions were characterized by ample liquidity and strong credit growth. Qatar’s medium-term (2008–12) outlook is favorable. As of June 2007, annualized inflation was e...

Qatar’s macroeconomic performance was strong in 2008, notwithstanding the global financial crisis. This 2008 Article IV Consultation discusses that overall real GDP growth is estimated at 16 percent in 2008, driven by expansions in the production of oil, liquefied natural gas, and condensates. Executive Directors have welcomed the authorities’ intention to moderate...

Qatar’s macroeconomic performance was strong in 2008, notwithstanding the global financial crisis. This 2008 Article IV Consultation discusses that overall real GDP growth is estimated at 16 percent in 2008, driven by expansions in the production of oil, liquefied natural gas, and condensates. Executive Directors have welcomed the authorities’ intention to moderate...

The staff report for Qatar’s 2009 Article IV Consultation describes economic development and policies. The underlying strength of the economy derived from  Qatar’s hydrocarbon  revenues, and timely and decisive intervention by the government in the banking system has helped to limit the impact of the global crisis and maintain financial stability. A cornerstone  of...

The staff report for Qatar’s 2009 Article IV Consultation describes economic development and policies. The underlying strength of the economy derived from  Qatar’s hydrocarbon  revenues, and timely and decisive intervention by the government in the banking system has helped to limit the impact of the global crisis and maintain financial stability. A cornerstone  of...

This paper is focused on a detailed assessment report on Anti-Money Laundering (AML) and Combating the Financing of Terrorism for Qatar. There is no fundamental principle in Qatari law that would prohibit the courts from applying the money laundering offense to the person who has committed the predicate crime. Qatar has adopted a comprehensive confiscation, freezin...

This paper is focused on a detailed assessment report on Anti-Money Laundering (AML) and Combating the Financing of Terrorism for Qatar. There is no fundamental principle in Qatari law that would prohibit the courts from applying the money laundering offense to the person who has committed the predicate crime. Qatar has adopted a comprehensive confiscation, freezin...

This paper is focused on a detailed assessment report on Anti-Money Laundering (AML) and Combating the Financing of Terrorism for Qatar. There is no fundamental principle in Qatari law that would prohibit the courts from applying the money laundering offense to the person who has committed the predicate crime. Qatar has adopted a comprehensive confiscation, freezin...

Qatar’s report on the Observance of Standards and Codes for the Financial Action Task Force Recommendations for Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) is described. The two sectors that compose the financial system, the domestic sector and the Qatar Financial Center, are subject to different sets of preventive measures, which var...

Qatar’s report on the Observance of Standards and Codes for the Financial Action Task Force Recommendations for Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) is described. The two sectors that compose the financial system, the domestic sector and the Qatar Financial Center, are subject to different sets of preventive measures, which var...

Qatar’s report on the Observance of Standards and Codes for the Financial Action Task Force Recommendations for Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) is described. The two sectors that compose the financial system, the domestic sector and the Qatar Financial Center, are subject to different sets of preventive measures, which var...