Economic Indicators
Qatar records budget surplus of $5.4 billion in Q1 – state news agency
2023.06.05 08:57
© Reuters. FILE PHOTO: Soccer Football – FIFA World Cup Qatar 2022 – Airshow – Corniche, Doha, Qatar – December 18, 2022 The Doha skyline is pictured ahead of the airshow REUTERS/Ibraheem Al Omari
DUBAI (Reuters) – Qatar recorded a budget surplus of 19.7 billion Qatari riyals ($5.40 billion) in the first quarter of 2023, its state news agency said on Monday, citing the finance ministry.
Total revenues for Q1 stood at 68.6 billion riyals, of which 63.4 billion were oil and gas revenues, the Qatar News Agency statement said, while non-oil revenues amounted to 5.2 billion riyals.
($1 = 3.6450 Qatar riyals)
