Qatar’s fiscal surplus will widen to 7% of the GDP in 2011/2012 on the back of continued recovery in hydrocarbon prices, a double-digit surge in LNG export volumes’ growth as well as higher level of transfers from public enterprises, Beltone Financial Research has said in a report.
This is despite a forecast of annual average increase in expenditure of 12% in the 2011/2012 and 2012 / 2013 financial years, Beltone Financial Research said.
Qatar’s fiscal surplus in 2012-2013 will widen to 8.4% of the GDP, it said.
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