Qatar’s prospects for delivering growth during a period of international economic turbulence will be under review in a special session at The Euromoney Qatar Conference 2015, set to run from 9-10 December 2015 at The Ritz-Carlton, Doha.
The session, “Qatar’s Strategy in a Changing World,” will include experts from Qatar National Bank, US Department of the Treasury and the IE Business School, and will examine the potential impact of global trends such as volatility in China and on-going austerity in the Eurozone on Qatar’s long-term plans for development.
Qatar saw 4.8% growth in Q2 2015, driven in particular by major projects that have boosted investment spending and population growth. However, on-going uncertainty about the wider global economy may result in a slowdown on some major projects.
Despite the strategic push to diversify the economy, hydrocarbon revenue still accounted for nearly half of GDP in 2014, and a significant share of government’s revenue and exports, so lower prices in 2015 will have an impact.
Held under the patronage of HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa Al -Thani, the Euromoney Qatar Conference 2015 will host international banking leaders and senior government figures from Qatar who will discuss the changing global paradigm and how it will affect Qatar and other countries in the GCC.
HE Finance Minister Ali Sharif Al Emadi, HE Qatar Central Bank Governor Sheikh Abdulla bin Saoud Al Thani will deliver speeches on the opening day of the event. More than 600 senior finance and banking executives are expected to attend this year’s Conference.
Source: Qatar news agency
