CHAIRMAN: DR. KHALID BIN THANI AL THANI
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Qatar expects budget surplus of QR80bn

Published: 26 Dec 2013 - 04:27 am | Last Updated: 27 Jan 2022 - 11:14 am

DOHA: Qatar is expected to post a budget surplus of over QR80bn ($21.97bn) in the current fiscal year as the budget was based on an oil price of $65 per barrel while the average crude prices in the international markets have been ruling at $105, financial experts and economists told Al Sharq yesterday. 
The surplus estimates were actually QR7.4bn (based on an oil price of $65 per barrel) in the current financial year, while in the previous budget the surplus estimated was QR27.7bn. 
The Peninsula