Middle East Economic Survey


No 15



Qatars 2009-10 Budget To Maintain High Growth Rates

Qatars budget for fiscal year 2009-10, which starts on 1 April, will maintain high economic growth rates despite the projected deficit of QR5.8bn ($1.6bn), the first one since 2005-06. Qatar continues to be the fastest growing economy in the GCC, with one of the largest per capita incomes in the world. Announced on 2 April in an Amiri decree issued by the Deputy Amir and Heir Apparent...