Write 4 page essay on the topic Is Qatar Economy Favorable for Capital Investment.
Oil and Gas are potential products and the two products cover half of the country’s Gross Domestic Product (GDP). The country earns substantial revenues from exporting oil and gas to many countries of the world. The country is progressing for many years due to increasing prices of oil and gas in the international market. Oil and gas are the tools that have provided high per capita income in the country. The country has a low rate of unemployment that indicates the strong economic position of the country. The country has nearly 25 billion barrels of oil and around 25 trillion cubic meters gas reserves that could be utilized by the country for more than 57 years in future. Qatar economy is represented as a stable economy due to its cautious macroeconomic management and natural resources (Qatar Economy Profile 2014, 2014).