The Qatar Chamber of Commerce and Industry revealed that there has been a steady improvement in the value of private sector exports, expecting to soon return to levels before the new Coronavirus pandemic. Indicating that the private sector exports for the month of June indicate that the Qatari economy has recovered at a good level for the second month in a row.
According to the chamber, the value of exports increased by 60% on a monthly basis, to about 973 million riyals (267.3 million dollars), compared to 609.6 million riyals in May. The chamber disclosed that with the continuing economic recovery according to the levels recorded during May and June last, which amounted to 70%, the completion of the recovery and a full return to normal rates of private sector exports before the pandemic are expected to be very close.
According to the Chamber, Qatar's superiority in information technology indicators at the regional level has enabled it to manage economic activity and provide basic services ably in light of the precautionary measures to confront Corona. Revealing the classification of the Global Competitiveness Report 2019 issued by the World Economic Forum, the State of Qatar ranked eighth in the world in the telecommunications and information technology readiness pillar, and first in the World and the Arab World in the index of Internet users and the spread of high-speed Internet services (Broadband).
Source (Al-Araby Al-Jadeed Newspaper, Edited)
