Qatar’s balance of payments surplus rises 12%

Mubasher: The Qatari balance of payments saw a rise in surplus by 12.2% in the first quarter of 2018, as shown by the data of Qatar Central Bank (QCB).

The balance of payment surplus reached QAR 10.12 billion ($2.78 billion) in Q1-18, compared with QAR 9.02 billion ($2.45 billion) in Q1-17.

On a quarterly basis, the balance registered a deficit of QAR 6.94 billion.

Data showed that current account surplus surged to QAR 11.79 billion, from QAR 1.48 billion in the same period last year.

Mubasher Contribution Time: 19-Jul-2018 22:26 (GMT)
Mubasher Last Update Time: 19-Jul-2018 22:26 (GMT)