FINANCIAL NEWS

Qatar’s investment income hits USD30.67b in FY2014-15

28 Sep 2015

(MENAFN) Data showed that Qatar’s investment income increase by 14 percent in the 2014-15 financial year to reach USD30.67 billion, contributing to the country’s total public revenues by 33.2 percent.

Investment income is the income coming from payments, dividends, capital gains collected up on sale of a security or other assets, and any other profit that is made through an investment vehicle of any kind.

The contribution of various taxes and fees to Qatar’s public revenues rose by 23.8 percent, or by USD3.21 billion, in 2014-2015 fiscal compared to the previous one, Qatar Central Bank’s (QCB) report revealed.

Public revenue components have seen marked variation during the year; where oil and gas revenues, decreased by about USD8.66 billion or 6.2 percent, to reach to about USD44.94 billion.

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