Economy

Qatar foreign reserves up 2.79% in July to $58bn

Follow-ups -eshrag News:

Sun, 2022-08-07 19:22

DOHA: Qatar’s Central Bank foreign reserves and hard currency liquidity rose 2.79 percent year-on-year in July to 211.325 billion riyals ($57.74 billion), the Gulf state’s official news agency QNA reported on Sunday.

According to FocusEconomics’ report, Qatar’s gross domestic product per capita may exceed $100,000 in 2026 as the national economy is expected to pick up steam in the years ahead.

The country’s GDP per capita in 2026 will be $101,816, it estimated.

National GDP has been estimated by FocusEconomics to reach $217 billion this year.

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