Qatar expects QAR 4.3bn surplus in 2019

Mubasher: An increase in public spending by 1.7% year-on-year is seen in the Qatari state budget for 2019.

Spending is projected at QAR 206.7 billion riyals, while a surge by 20.5% is expected in revenues to a total of QAR 211 billion.

This means that the Qatari government expects a QAR 4.3 billion surplus next year, compared with an estimated QAR 28.1 billion deficit for 2018.

The increase in revenues is largely attributed to higher natural gas and oil prices.

Mubasher Contribution Time: 14-Dec-2018 20:41 (GMT)
Mubasher Last Update Time: 14-Dec-2018 20:41 (GMT)