Source: International Monetary Fund
Summary
Econometric results suggest that Qatar’s strong capital spending multiplier became less impactful as the stock of capital rose to a high level, likely as the marginal impact declined. This supports Qatar’s strategy to shifts the State’s role to an enabler of private sector-led growth, focusing on expenditure to support build human capital and implementation of broader reform guided by the Third National Development Strategy.
Subject: Capital spending, Central government spending, Current spending, Expenditure, Financial institutions, Fiscal multipliers, Fiscal policy, Infrastructure, National accounts, Oil prices, Prices, Public financial management (PFM), Public investment spending, Stocks, Total expenditures
Keywords: Capital spending, Capital spending, Central government spending, Current spending, Expenditure composition, Fiscal multiplier, Fiscal multipliers, GCC, Infrastructure, Oil prices, Public investment spending, Qatar, Sectoral analysis, Stocks, Total expenditures