Home Business Qatar Central expects the local economy to grow by 3.5% in 2022

Qatar Central expects the local economy to grow by 3.5% in 2022

The Governor of the Central Bank of Qatar, Sheikh Bandar bin Mohammed bin Saud Al Thani, predicted that Qatar’s gross domestic product will grow by 3.5% quest’year.

The governor indicated that Qatar plans to start licensing financial technology companies soon.

In April, Fitch Ratings forecast Qatar’s gross domestic product to grow 3.2% questyear, compared to growth of 1.6% in 2021, supported by the FIFA World Cup.

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