Middle East Economic Survey


No 15


Qatar Economy To Take Off As 2005-06 Budget Forecasts 45% Hike In Revenue

After years of heavy investment and borrowing, Qatar is finally in a position to reap the benefits. Its economy is poised to take off this year with revenues set to climb by 45.2% to QR38.0bn ($10.4bn), reflecting higher earnings from oil exports and a rising income stream from LNG projects which have come on-stream in recent years, according to the budget for...