Qatar is well-positioned for economic growth with the country’s progress in vaccination and constructive geopolitics, according to experts
Qatar , Qatar
16 April 2021, 12:00 AM
30 April 2021, 12:00 AM
The virtual client conference “Impact of oil prices and changing regional dynamics” held in Doha recently featured distinguished speakers including Dr. Yarkin Cebeci, Economist at JP Morgan Turkey & Middle East Region, Anita Yadav, CEO at Global Credit Advisory, and Dr. R. Seetharaman, CEO of Doha Bank as the moderator for the event.
The virtual conference was also attended by a large number of Doha Bank’s corporate customers.
During the event, Dr. R. Seetharaman, CEO of Doha Bank, spoke about the global economy amid the ongoing COVID-19 pandemic. Citing figures released by the IMF in April, he said the advanced economies are expected to grow by 5.1 percent in 2021 and 3.6 percent in 2022 respectively. While the emerging and developing economies are expected to grow by 6.7percent in 2021 and 5 percent in 2022 respectively.
Seetharaman went on to highlight the good progress Qatar is making with its vaccine drive amidst the surge in COVID-19 and remains cautiously optimistic about the outlook for the global economy.
Economist Cebeci spoke about a sharp economic recovery and a global rebound, one not seen perhaps in the last 50 years, with a lot of global growth recovery coming from emerging economies.