Two years after the FIFA World Cup the question remains: what is next for Qatar? Post-World Cup diversification is the focus of the latest analysis from the IMF. A report last month notes that infrastructure constructed for the event has helped accelerate non-oil sector development, with the next priority being to support private sector growth.
Qatar’s Surpluses Shrink On Lower Hydrocarbon Receipts
As oil and LNG prices have normalized, so too have Qatar’s revenues and budget surpluses. With hydrocarbons dominating the economy, it needs to move quick to diversify its post-World Cup revenue stream.
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Charts
1: High Spending And A Fall In Oil And Gas Revenue Has Squeezed Qatari Surpluses ($bn)
2: International Arrivals In Qatar Have Surged Since The 2022 World Cup (mn)
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