QATAR

 

Qatar’s 2012-13 Budget Will Exceed Previous Year’s Spending

Qatar’s 2012-13 budget will be larger than the 2011-12 budget, the Qatari Minister of Economy and Finance Yusu Kamal said last week. The fiscal year in Qatar normally starts at the beginning of April, but the 2012-13 budget has been delayed and will be announced by the end of May, the minister confirmed. Mr Kamal revealed that the Ministry of Finance has proposed an oil price...