Qatar's government budget spending will be much higher in the upcoming 2012/13 fiscal year than in the current one, while inflation is likely to move around 3-3.5 percent, an economic adviser to the country's emir said on Thursday.
Asked how government expenditure would look in the new fiscal year, which starts in April, Ibrahim al-Ibrahim told reporters: "It will be a lot higher."
In its 2011/12 budget, the world's top liquefied natural gas exporter originally planned spending worth 139.9 billion riyals ($38.4 billion) and a surplus of 22.5 billion riyals, or 4.9 percent of gross domestic product.
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