VOL. XXX
NO. 22
9-MARCH-1987
Financial and Banking News
BUDGETS AND REVENUES
Qatar Plans Deep Spending Cuts
The budget for Qatar's fiscal year which began on 1 March cuts thegovernment's spending by 21.7% and incorporates a reduction in currentexpenditure for the first time. The budget for the year 1407/08 AH commencing on1 Rajab (1 March 1987 to mid-February 1988) was passed by Amiri decree andannounced by the Qatari Minister of Finance and Petroleum, Shaikh 'Abd al-'Azizibn Khalifa al-Thani, who...
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