#Qatar sees 2019 budget surplus given moderate oil price, lower spending | Reuters

Qatar sees 2019 budget surplus given moderate oil price, lower spending | Reuters:

Qatar’s finance minister said on Monday he expects the 2019 budget to have a surplus, given moderate oil prices and lower expenditure.

Ali Shareef al-Emadi told a conference in Doha that during the last nine months Qatar had achieved its first budget surplus in two years.

The Gulf Arab state’s economy has largely recovered from a boycott imposed by its powerful Arab states last June.