Mubasher: Qatar’s real GDP is growing at a rate of 4.1%, a rate that far exceeds the global average growth, said Economy and Commerce Minister Ahmed bin Jassim Al Thani.
Qatar is an active partner in the field of international investment, the minister said, adding that the country enjoys the highest rate of savings in the world, which is equivalent to 56% of its Gross Domestic Product (GDP), as quoted by Qatar News Agency.
On the sidelines of a high-profile global investment forum in the US, Al Thani pointed out that Qatar has been able to diversify its economy away from dependence on oil and gas, that is through supporting the services and advanced technology as well as manufacturing sectors.
The country’s diversification policy helped to protect its economy from the repercussions of the declining oil prices.
