VOL. XLIII

No. 16

17-April-2000

QATAR

Qatar Releases Upbeat 2000-2001 Budget

Qatars FY2000-2001 budget, unveiled on 29 March, is notably more upbeat than the previous years, with a 50% increase in the oil price assumption from $10/B to $15/B, a 19.8% increase in projected revenues to QR12,617mn ($3,466mn) and an 8.9% increase in expenditures to QR15,400mn ($4,231mn see table below). Qatari Minister of Finance and Economy Yusuf Husain Kamal told the Qatar New Agency that the year 2000 would be...