Financial and Banking News
BUDGETS AND REVENUES
Qatari Deficit to Grow 12%, Totals $3.9bn since 1986
Qatar's state budget for its fiscal year 1408/09 (1988/89) includes a 12%increase in its deficit to nearly $1.7bn, which brings the cumulative governmentdeficit since 1986 up to $3.9bn.
The budget for the year starting 18 February forecasts a 6.1% decline ingovernment revenues (essentially comprising oil revenue) to QR6,336mn ($1.74bn)and a 1.8% increase in...
Please log in to read the rest of this story.
You may purchase access to entire MEES digital archives by subscribing. This subscription gives you access to all the content of MEES digital archives up to 1978!