The euro zone will restrain spending under draft budget plans submitted by the bloc's governments, the European Commission forecast on Thursday, despite calls to counter a worsening economic slowdown.
Qatar's trade surplus amounted to QR12.12bn in August 2019, according to the country's Planning and Statistics Authority (PSA).
Qatar’s current account surplus increased to 8.7% in third quarter of 2018, from less than 4% in 2017 due to higher gas prices and production from the North Field, the country’s biggest gas repository ...
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.
Treasurer Scott Morrison also announced tax cuts for most people and spending plans for billions of dollars in infrastructure projects in the budget announcement.
Qatar's trade surplus stood at QR12.62bn this August, showing a healthy more than 45% growth year-on-year (y-o-y), indicating the futile trade and economic blockade, led by Saudi Arabia and the UAE.