VOL. XLIII

No. 19

8-May-2000

QATAR

Qatars Budget Includes 39% Increase In Capital Spending

Qatars budget for the fiscal year (FY) 2000-2001, according to figures obtained from the Ministry of Finance, Economy and Commerce by MEES, includes a 5.5% increase in current expenditures and a 38.8% rise in capital expenditures over the previous year (see table below). It also projects a 35.5% increase in spending on public works, infrastructure and economic services, a 53.6% rise in spending on social...