#Qatar reports balance of payments surplus of 7.9 billion riyals in 2023 second quarter | Reuters

Qatar reports balance of payments surplus of 7.9 billion riyals in 2023 second quarter | Reuters

Qatar reported a balance of payments surplus of 7.9 billion riyals ($2.17 billion) in the second quarter of 2023, the central bank said on Sunday.

In its statement, the bank added that its goods and services accounts hit surpluses of 59.6 billion and 31.3 billion riyals respectively.

It attributed the BoP surplus to "the elevated diversification of the Qatari economy" which achieved targets.