Standard Chartered Bank has predicted that Qatar's economic growth rate in 2023 will reach 4.0 percent, the highest in the Gulf region, which is recording varying growth rates ranging from 2 percent to 3.5 percent this year.
According to “Standard Chartered”, Qatar must successfully leverage the World Cup to expand its tourism sector and its position as a global sporting destination, especially as it hosts 14 sporting events in 2023. The bank indicated that the concerned institutions in the State of Qatar plan to raise the contribution of the tourism sector to the GDP to 12 percent in 2030 from its current share of 7 percent. It can achieve this goal by attracting 6 million visitors annually by 2030.
Source (Al-Raya Qatari Newspaper, Edited)
