Mubasher: Qatar’s economic growth is expected to increase by a range between 2% and 3% in 2018, according to the annual report No. 41 released by Qatar Central Bank (QCB).

The bank attributed the increase in gross domestic product (GDP) to the growth in the hydrocarbons sector, which has been enhanced by an improvement in international oil prices.

Earlier in January, the World Bank (WB) has forecast a growth of 2.6% in Qatar’s economy over 2018.

The World Bank lowered its growth estimates to the economy of the world’s biggest exporter of liquefied natural gas (LNG) by 1.5% in 2017, as its GDP rose only 1.7%.