Qatar: Surplus in the General Budget

  • Doha, State of Qatar
  • 2 August 2018
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Central Bank of Qatar data revealed a surplus in the general budget of Qatar of 1.042 billion riyals, or 286 million dollars in the first trimester of this year..
According to the Qatari central bank, the main reason for the surplus was a 15 percent rise in public revenues during the three months ending with March..
Revenues were about QR 50.47 billion during the period, compared to QR 44 billion in the first trimester of 2017. In contrast, the central bank reported a drop of 4.6 percent year-on-year to QR 49.4 billion, compared to QR 51.8 billion in the same period last year. The surplus represented about 0.6 percent as Qatar's GDP in the first trimester..