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FINANCIAL NEWS
Qatar’s budget required USD54.05b expenditure
17 Dec 2016
(MENAFN) Qatar”s budget for 2017 has earmarked QR93.2bn for major projects in in key sectors such as health, education, infrastructure and transport.
The State Budget estimated revenues of QR170.1bn and an expenditure of QR198.4bn, thus expecting to post a deficit of QR28.3bn.
However, the budget has been based on an oil price assumption of $45 per barrel. Qatar”s fiscal year now begins in January and ends in December.
Also, HE the Minister of Finance said the projected deficit in the 2017 budget was due to “a combination of low energy prices and a period of high development expenditure.”
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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