UPDATE 2-Qatar 2019 budget projects small spending boost, return to surplus | Reuters:
Qatar’s state budget for 2019 features a small rise in government spending and the first surplus in three years thanks to higher oil prices and a new tax, the finance ministry said on Thursday.
Like other energy-exporting Gulf countries benefiting from higher oil prices, Qatar expects a substantial rise in revenues next year, despite an embargo imposed on Doha by neighbouring countries since mid-2017 in a row over security issues.
But the world’s biggest liquefied natural gas exporter is adopting a conservative approach in its budget.
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