Business as usual for Qatar — but at what cost? | Arab News:
"On the face of it, it looks like business as usual for Qatar despite the travel and economic boycott imposed by some of its Arab neighbors because of its alleged support for terrorism and close relationship with Iran. The country, which has faced sanctions from Saudi Arabia, the UAE, Bahrain and Egypt since June, announced a budget for 2018 that projects a marginal fall in deficit, from a forecast 28.4 billion riyals ($7.8 billion) this year to 28.1 billion riyals next. Government expenditure is expected to rise 2.4 percent, to 203.2 billion riyals, but revenue will also increase slightly, by 2.9 percent to 175.1 billion riyals, driven by non-energy income, the government said. The resulting deficit will be financed largely through debt sales, Finance Minister Ali Sharif Al-Emadi said."
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