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Estimating Fiscal Multiplier for Qatar: Qatar
Author:
Ken Miyajima
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Series:
Selected Issues Papers
Volume/Issue:
Volume 2025: Issue 016
Language:
English
Publication Date:
07 Mar 2025
DOI:
https://doi.org/10.5089/9798229004503.018
ISBN:
9798229004503
ISSN:
2958-7875
Pages:
15
Keywords:
Capital spending; fiscal multiplier; GCC; Qatar; strategy to shift; Qatar's strategy; copyright page; Qatar country dummy; allocation decision; Fiscal multipliers; Current spending; Stocks; Global
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IMF Selected Issues Papers are prepared by IMF staff as background documentation for periodic consultations with member countries. It is based on the information available at the time it was completed.
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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.
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Cover Selected Issues Papers
Selected Issues Papers
Publisher:
International Monetary Fund