🔺🔻Destruction of Qatar's economy following the war against Iran 🔹Financial Times: Following the war with Iran, Qatar's government budget has decreased by 30%. 🔹As a result of this budget reduction, the country's foreign aid has also faced an 85% decrease. 🔹Financial Times mentioned a 17% decrease in Qatar's gas export capacity following the attack on the ‘Ras Laffan’ gas complex, stating that the closure of the Strait of Hormuz has paralyzed the country's exports. 🔹The International Monetary Fund (IMF) also predicts an 8.6% reduction in Qatar's Gross Domestic Product (GDP) this year. 🔹According to this report, Qatar intends to use $500 billion of its reserves to maintain liquidity.
Translated regional report
Destruction of Qatar's economy following the war against Iran
Automated translation and editorial curation by Middle East CatchSite publication
Original report: Akharin KhabarOriginal publication Editorial policy
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