Qatar economy coping with embargo: IMF

Qatar's economy has proved to be resilient in the face of an embargo by its neighbours and lower oil prices, the International Monetary Fund said on Monday.

Doha is subject to a two-year long Saudi-led economic boycott over its alleged support for Islamist movements and Iran -- charges Qatar denies.

"Economic performance improved in 2018. Qatar's economy has successfully absorbed the shocks from the 2014-16 drop in hydrocarbon prices and the 2017 diplomatic rift," the IMF said in a statement.

"Real GDP growth is estimated at 2.2 per cent, up from 1.6 per cent in 2017."