IMF Slashes Growth Outlook for Gulf Oil States on Iran War Shock


The economy of Qatar, one of the world’s largest exporters of liquefied natural gas, is projected to shrink by 8.6% this year, a downward revision of almost 15 percentage points from the Washington-based lender’s October forecasts. Gross domestic product will contract by 6.8% in Iraq and 6.1% in Iran during the same period, the IMF said.



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