Qatar's budget may return to healthy surplus in 2019: QNB:
Helped by higher hydrocarbon prices, government finances are expected to steadily improve with Qatar’s budget seen in “broad balance” this year, before returning to a “healthy surplus” in 2019, according to QNB.
“Higher hydrocarbon prices and spending restraint will see the budget steadily improving,” QNB said in its ‘Qatar Economic Insight- September’ released here on Wednesday.
The fiscal deficit "narrowed" to 1.6% of GDP in 2017 from 4.7% in 2016. The "fall" reflected government expenditure "restraints" in the face of "slowing" revenue growth, it said.
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