According to a study released by ApexBrasil, Qatar’s real Gross Domestic Product could grow 4.3% from last year. Rising hydrocarbon prices and the World Cup are expected to drive economic activity.
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After a mission to the country, International Monetary Fund staff assessed the Lebanese economic situation and pointed out actions that could bring an upturn.
Economic growth prospects could bring opportunities to Egypt, said the Market Analysis coordinator of ApexBrasil in a webinar this Tuesday (13).
Brazil’s Gross Domestic Product increased from April to June compared to the first three months of the year, mainly driven by the services sector. In the first half, the country grew by 2.5%.
The International Monetary Fund has raised its growth forecast for Brazil to 1.7%. The previous report had been made public last April.
Saudi Arabia’s National Transport and Logistics Strategy aims to increase the contribution of the transport and logistics sector to 10% of the GDP, up from its current rate of 6%.
The average expected growth for the Qatari economy in 2022 is 2.8%. Estimates range from 1.6% to 3.7%.
The country wants to raise industry contribution to its GDP from 12.8% in 2019 to 14.5% by 2026.
According to an IMF report, about 80% of the target population had been at least partially vaccinated and over 70% fully vaccinated as of mid-September 2021.
The Gross Domestic Product of non-oil activities grew 5.7% in the first quarter of 2021. In the same period, total GDP fell.
The World Bank projects that the country’s economy will contract further, on the back of a 20.3% contraction in 2020.
The Ministry of Economy said this Wednesday (17) that it is sticking by its 2021 GDP growth forecast. Whole-year inflation expectation was revised up on the back of food prices.
An index from the Brazilian Central Bank shows activity picking up in January 2021 from December 2020 and slowing down year-on-year in January.
The country’s GDP was up 7.7% in the third quarter from the second. Economist Ecio de Farias Costa, a professor at UFPE, ran a study which shows how the aid package in response to Covid-19 played a part in that, particularly in industry.
