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One of the main economic challenges facing Qatar is its reliance on hydrocarbons, which makes the economy vulnerable to fluctuations in oil and gas prices. This dependence has prompted the government to diversify its economy through initiatives like Qatar National Vision 2030, aiming to develop sectors such as tourism, finance, and technology. Additionally, the country faces high living costs and labor market imbalances, particularly with a large expatriate workforce. Addressing these issues is crucial for sustainable economic growth and stability.

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2mo ago

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