NICHOLAS WILSON

摘要

Since Qatar imposed a moratorium on further gas developments in its giant North Field, the small Gulf country has made rapid progress in shifting its economy to have more of a non-hydrocarbon focus. In 2015, real growth in gross domestic product is expected to hit 7-8%, according to figures from Qatar's Ministry of Development Planning and Statistics, as this more diversified economic framework, coupled with infrastructure investment, pushes the country towards an increasingly sustainable economic future. Nevertheless, the country's vast oil and gas wealth has insulated Qatar from external shocks. In 2013, as a number of high-profile emerging market currencies suffered from extreme volatility in the wake of the US Federal Reserve's tapering deliberations, Qatar's economy remained stable.