What If Qatar Loses The World Cup?
BMI View: Uncertainty over Qatar's hosting of the FIFA 2022 World Cup is increasing. Although our baseline scenario assumes that the event will go ahead in Qatar as planned, we analyse the impact that a cancellation would have on the country's economy.
Qatar's hosting of the FIFA 2022 World Cup has become more uncertain since the start of June 2014, posing a clear downside risk to the country's long-term economic trajectory. Following allegations by a British newspaper that payments were made to football officials in return for support for Qatar's bid to stage the event, several high-ranking FIFA figures have expressed support for a rerun of the vote - a move that would effectively strip Doha of the hosting rights. Although our baseline scenario assumes that the World Cup will go ahead in Qatar as planned, we look here at the impact of a cancellation on the Qatari economy.
Qatar's Bid Under Persistent Fire
|Gains Ending After MSCI Inclusion|
|Qatar - Qatar Exchange|