FINANCIAL NEWS

Qatar’s budget surplus hits USD27.43b in January

11 Mar 2015

(MENAFN) Qatari budget surplus reached more than USD27.43 billion by the end of January, in spite of the sharp decline in global oil prices, The Peninsula Qatar reported.

Qatari government was also able to secure a sum of USD43.89 billion current account surplus in the balance of payments during the first nine months of 2014, according to Qatar Central Bank (QCB) Governor.

QCB has always entertained outstanding international and regional relations with distinct financial organizations, as the governor pointed to MoU and agreements signing with both China and South Korea.

“We strive to enhance our relationship with other central banks to serve the common interest,” the Governor of QCB said in a statement.

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