Qatar expects budget surplus of QR80bn

December 26, 2013 - 4:26:05 am

DOHA: Qatar is expected to post a budget surplus of over QR80bn ($21.97bn) in the current fiscal year as the budget was based on an oil price of $65 per barrel while the average crude prices in the international markets have been ruling at $105, financial experts and economists told Al Sharq yesterday. 

The surplus estimates were actually QR7.4bn (based on an oil price of $65 per barrel) in the current financial year, while in the previous budget the surplus estimated was QR27.7bn. 

The Peninsula

comments powered by Disqus