Tuesday, 7 December 2021

#Qatar approves $56.13 bln budget for 2022 | Reuters

Qatar approves $56.13 bln budget for 2022 | Reuters

Qatar said on Tuesday it expects to spend 204.3 billion riyals ($56.13 billion) in its 2022 budget and run a deficit of 8.3 billion riyals.

The Gulf Arab country sees revenues of 196 billion riyals next year, based on an average oil price of $55 per barrel, up from $40 in 2021, the state news agency said.

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