Qatar’s COVID-19 Response Strategies to Support Economic Rebound: HSBC's Global Economic Outlook

Speaking at HSBC’s Global Economic Outlook virtual roadshow, Simon Williams, Chief Economist for Central & Eastern Europe, Middle East and Africa (CEEMEA), stated HSBC’s expectations for Qatar’s economy to grow are between 3.3% and 3.5%, in 2021.

Abdul Hakeem Mostafawi, Chief Executive Officer at HSBC Qatar, noted that the Government of Qatar’s immediate response to COVID-19, following a strong and decisive policy response, has maintained the country’s long-term fundamentals.

These decisions have been favourable and forward-looking and are in line with the Government’s economic development and diversification strategies that existed prior to...