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This 2016 Article IV Consultation highlights the adverse impact of lower hydrocarbon prices on the macroeconomic performance of Qatar. Growth has slowed despite still-resilient nonhydrocarbon activity. Real GDP growth of 2.7 percent is estimated for 2016. Inflation remained low despite subsidy cuts, averaging about 2.7 percent in 2016. Growth is expected to slow in the medium term as public investment growth tapers off and hydrocarbon output continues to slow. Further subsidy cuts, a moderate recovery in global commodity prices, and the introduction of a value-added tax are expected to improve the fiscal and external balances gradually over the near to medium term.

Economic development --- Qatar --- Economic conditions. --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Catal --- Catar --- Chatar --- Daulat Qaṭar --- Dawlat Qaṭar --- Država Katar --- Dzi︠a︡rz︠h︡ava Katar --- Emirat Katar --- Emiratu de Qatar --- Estado de Catar --- Estato de Qatar --- Estau de Catal --- Ètat du Qatar --- Gwladwriaeth Qatar --- Katala --- Katar --- Kʼatár Bikéyah --- Katari Riik --- Kataro --- Kratos tou Katar --- Medinat Ḳaṭar --- Qatarin valtio --- Qatarko estatua --- Staat Katar --- Staat van Katar --- Stad Katar --- Stad Qatar --- Stát Katar --- State of Qatar --- Steat ny Catar --- Κράτος του Κατάρ --- Κατάρ --- Катар --- Дзяржава Катар --- קטאר --- מדינת קטאר --- دولة قطر --- قطر --- Banks and Banking --- Macroeconomics --- Public Finance --- Statistics --- Criminology --- Exports and Imports --- Debt --- Debt Management --- Sovereign Debt --- National Government Expenditures and Related Policies: Infrastructures --- Other Public Investment and Capital Stock --- National Government Expenditures and Related Policies: General --- Energy: Demand and Supply --- Prices --- Fiscal Policy --- Public finance & taxation --- Corporate crime --- white-collar crime --- Econometrics & economic statistics --- International economics --- Public investment spending --- Public debt --- Oil prices --- Expenditure --- Government debt management --- Public financial management (PFM) --- Debts, Public --- Public investments --- Expenditures, Public --- Fiscal policy --- White-collar crime