Dubai-Mubasher: The International Monetary Fund (IMF) said that Qatar’s real gross domestic product (GDP) will likely grow 7.1% and 6.5% in 2015 and 2016, respectively.

In its report on Tuesday on the Regional Economic Outlook (REO): Middle East and Central Asia, the IMF says that the average growth of Qatar’s GDP reached 12.7% in 2000-2010.

Consumer price index reached 3% in 2014, while it is expected to reach 1.8% and 2.7% in 2015 and 2016 respectively, according to IMF statistics.

The fund said that the global world economy is expected to grow 3.5% in 2015, compared to 3.4% in 2014.

The IMF said it expects a general stability and recovery of MENA region as well as Afghanistan and Pakistan despite the oil price decline, regional conflicts and uncertainties following the Arab Spring.