Qatar approves fiscal budget for 2021
The budget is based on a conservative estimate of changing oil prices. Total revenue estimates of QAR 160.1bn for Qatar’s fiscal budget for 2021 was approved by Amir Tamim bin…
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budget
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Qatar plans lean budget for 2017 ahead of another deficit
Emiri Diwan. Credit: Omar Chatriwala/Doha News Qatar’s Emir has approved a new budget that slightly cuts spending as it prepares to deal with a forecasted QR28.3 billion ($7.8bn) deficit next…
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Qatar Cabinet approves draft budget for 2017
No figures have been publicly disclosed, but officials said the focus in 2017 will be on improving efficiency in public spending; increasing revenue from non-oil and gas sources; and maintaining a high credit rating.
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Report: Qatar to see ‘modest’ budget surplus next year
This is because global oil prices are expected to rise next year, the latest economic analysis from BMI Research said.
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Qatar stands to collect more than QR700 million with fuel hike
Though the rising cost of petrol may only be putting residents out a few riyals a week, the windfall turns out to be a significant one for the Gulf state.
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Researcher: Qatar’s budget woes could be over by next year
Higher oil prices could help Qatar's balance “turn positive (next year) … without Doha having to implement wide austerity measures,” a researcher has said.
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Qatar’s former energy minister: Oil prices will rise again
“We know oil and gas are a depletable resource. Our oil and gas resources will take us to another 100 years or more. For a person, this may look a long time. But for a nation, 100 years is short.”
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Residents offer unsolicited cost-cutting advice to Qatar’s government
Residents have suggested rolling back government salaries, reducing the country’s reliance on expat labor and trimming spending on sports clubs. One person even suggested cancelling the 2022 World Cup.
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Spending slashed as Qatar prepares to run QR46.5 billion deficit
Qatar plans to spend QR202.5 billion next year, which is 7.28 percent or QR15.9 billion less than its last fiscal year. The budget comes as new figures suggest country’s economy is growing at a much slower rate than expected.
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