Financial and Banking News
BUDGETS AND REVENUES
Qatari Budget Underspent, Deficit Dwindles
The Qatari government underspent its 1407/08 budget by 18% and consequently trimmed its budget deficit from an expected $1.5bn to $988mn according to provisional figures published by the Qatar Monetary Agency (QMA). For the fiscal year equivalent to 1 March 1987-17 February 1988, the Qatari Government's revenues turned out to be close to expectations, at QR6.4bn ($1.75bn),...