Qatar’s decade-long efforts to end its economic crisis culminated in the success of the 2022 FIFA World Cup, which was recently praised by the International Monetary Fund. Despite the difficulties caused by the blockade in 2017 and the Covid-19 epidemic three years later – in 2020, Qatar has improved and managed things well, following wise policies under the guidance of wise leadership. His Highness the Amir, Sheikh Tamim bin Hamad al-Thani. This created a safe environment for people to thrive in the world’s most prestigious sport – the FIFA World Cup Qatar 2022. Qatar has the opportunity to use the high-quality facilities built and benefit from the guidance and visibility created by the World Cup as the government implements its third National Development Strategy helping to achieve the goals of Qatar National Vision 2030. Real GDP growth is expected to be 2-2.5% in 2023-24 while Qatar’s average growth is expected to rise to 4-4.5% in the North Field when LNG production begins to increase, the IMF said recently. Aided by the increase in foreign investment and public spending, Qatar’s financial and foreign accounts are expected to be relatively positive in the short term. Qatar is the world’s largest exporter of liquefied natural gas (LNG), and its natural gas reserves have been a major contributor to its economic growth. The country has made good use of its gas resources to attract foreign visitors and promote economic development. The country has invested heavily in infrastructure projects to support economic growth and meet the demands of the 2022 FIFA World Cup. Over the past 10 years, the country has built new . transportation, including Hamad International Airport and Doha Metro, as well as many stadiums, hotels, and other facilities. it aims to develop non-energy sectors such as finance, tourism, education, healthcare, and logistics, with the aim of creating a sustainable and knowledge-based economy. Qatar’s economy has grown significantly over the past decade. Qatar Financial Center (QFC) has attracted many financial institutions and financial institutions from around the world, establishing itself as the financial center of the region. foreign currency, domestic and foreign. Qatar Investment Authority (QIA), an independent investment fund, has made significant investments in various sectors around the world, including real estate, technology, and infrastructure. These investments have helped to diversify Qatar’s economy and attract global attention. The country has invested in luxury hotels, resorts, and cultural attractions, such as the National Museum of Qatar and the Museum of Islamic Art. Qatar’s hosting of major sporting events, such as the FIFA World Cup 2022, is expected to boost tourism and boost tourism. Economic development. Qatar has prioritized investment in education and human development. It has established several world-class schools, including the Qatar Foundation’s Education City, which houses branches of world-renowned universities. reduce its carbon footprint. Qatar has plans to increase its renewable energy sector and has invested in solar power projects. In addition, Qatar has implemented various measures to promote environmental and water management. the last ten years. By exploiting its natural gas resources, diversifying its economy away from hydrocarbon resources, investing in infrastructure, and attracting foreign investment, the country has established itself as one of the most successful economies in the world.
