Qatar has risen to prominence both regionally and internationally. With a relatively small local population and substantial revenues generated from having the third-largest proven natural gas reserves globally, the country has one of the world’s highest GDPs per capita. A return of oil prices to above $50 per barrel will reduce strain on the economy, which was beginning to experience tightening in liquidity. Stronger energy prices will provide the government with a positive platform for the launch of its new six-year strategic plan, which will aim to further deliver on the economic diversification mandated by Qatar National Vision 2030.
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