Qatar forecasts budget deficit next year
(MENAFN) Qatar announced that its budget is leaning towards recording a deficit next year after a reduction of its growth expectations for 2015 from 7.7 percent to 7.3 percent, Arabian Business reported.
To the contrary, Qatar expected recording a budget surplus in 2016 six months ago. All of the figures are released by Qatar's Ministry of Development Planning and Statistics.
The expectations still hover for an increase in real gross domestic product (GDP) from the 6.1 percent recorded back in 2014, data showed.
To the contrary, Qatar expected recording a budget surplus in 2016 six months ago. All of the figures are released by Qatar's Ministry of Development Planning and Statistics.
The expectations still hover for an increase in real gross domestic product (GDP) from the 6.1 percent recorded back in 2014, data showed.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Comments
No comment