Qatar economic recovery gains pace on favourable energy price, rapid vaccination: PwC ...Qatar

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Qatar’s economic recovery is gaining pace due to a range of factors, including energy price recovery, which has been ahead of analyst estimates, PwC said in its ‘Qatar Economy Watch’ report. According to PwC, Qatar’s economy experienced some challenges throughout 2020 and the first half of 2021, due to the dual shock of the drop in oil prices and the impact of the pandemic, which led to an overall decline in economic output of -3.7%. Qatar has faced its share of hardships, but has shown resilience, and is emerging from the Covid-19 crisis in a strong position, PwC said. Rapid vaccinations have brought the pandemic under control locally, with leading indicators in 2021 showing signs of a

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Last updated : 25 July 2021 clock 10:31 PM

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