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Qatar economy to soar 14pct in 2010: Arab Fund

Posted on 09 September 2010

From Emirates247.com: Strong oil prices will ally with a sustained rise in liquefied natural gas (LNG) exports to boost Qatar’s economy by nearly 14 per cent in 2010, one of the highest growth rates in the world, the Arab Monetary Fund (AMF) has said.
The Gulf country, a tiny oil producer but the world’s top LNG exporter, basked in a mammoth budget surplus of nearly QR43.5 billion in its 2009-2010 fiscal year ended March 31 thanks to high LNG exports, the Abu Dhabi-based AMF said in its quarterly economic and market bulletin for its 21 Arab member nations……………………………………….Full Article: Source

 
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