Reuters logo
Qatar 2012/13 budget to be bigger - fin min
May 6, 2012 / 12:11 PM / 6 years ago

Qatar 2012/13 budget to be bigger - fin min

DOHA, May 6 (Reuters) - Qatar’s government budget for the new fiscal year will be bigger than the previous one and inflation should move between 2 and 3 percent this year, finance and economy minister Youssef Kamal said on Sunday.

“It will be bigger,” Kamal told reporters on the sidelines of a conference, without giving details.

In its 2011/12 budget, the world’s top liquefied natural gas exporter originally planned spending worth 139.9 billion riyals ($38.4 billion) and a surplus of 22.5 billion riyals, or 3.6 percent of the 2011 gross domestic product.

Qatar’s 2012/13 fiscal year started in April. Kamal said the government would release its budget plan by the end of May. (Reporting by Regan E.Doherty, Writing by Martin Dokoupil; Editing by Andrew Torchia)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below