07/07/2022


© Reuters. FILE PHOTO: The Qatar Central Bank logo on a smartphone appears in front of the same logo in this photo taken on December 1, 2021. Photo: Dado Rovich/Reuters

DOHA (Reuters) – Qatar’s gross domestic product is expected to grow by 3.5 percent in 2022, Qatar’s central bank governor Sheikh Bandar bin Mohammed bin Saud Al Thani said at a conference in Doha on Sunday.

He added that the energy-rich Gulf emirate plans to start licensing financial technology companies soon.

Credit rating agency Fitch in April forecast Qatar’s GDP would grow by 3.2% in 2022, up from 1.6% in 2021, reflecting the increased performance of the World Cup hosted by the country in November and December and the recovery after the pandemic.

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