Tuesday, 02 January 2024 12:17 GMT

Qatar Announces Budget For Q2 2025 Total Revenues Reach QR59.8Bn


(MENAFN- The Peninsula) QNA

DOHA: The State of Qatar's general budget recorded a deficit of QR0.8bn during Q2 2025 (April, May, and June), the Ministry of Finance (MoF) announced yesterday.

In a statement published on its account on the social media platform X, MoF highlighted that the deficit was covered through debt instruments.

The total revenues for Q2 2025 stood at approximately QR 59.8bn, reflecting a 0.1 percent decrease compared to Q2 2024, the statement
read.

It clarified that these revenues comprised QR34bn in oil and gas revenues and QR25.8bn in non-oil revenues.

The statement further noted that total public expenditure during Q2 2025 amounted to roughly QR60.6bn, registering a 5.7 percent increase compared to Q2 2024.

The expenditure was allocated as follows: QR18.334bn for salaries and wages, QR21.925bn for current expenditures, QR17.507bn for major capital expenditures, and QR2.838bn for minor capital expenditures.

The general budget posted a deficit of QR0.5bn during Q1 2025 (January, February, and March).

The total revenues for Q1 2025 stood at approximately QR49.4bn, while total public expenditure amounted to roughly QR49.9bn.

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