IMF sees "conservative" Qatar budget next FY

February 8, 2012



DUBAI (Reuters) – Qatar is expected to set a "conservative" government budget in the next fiscal year beginning in April, and has not indicated that it plans any further rise in social spending, an International Monetary Fund official said. "The finance minister has said that he will keep capital expenditure at 40 percent of the total expenditure (in the medium term). And they will continue to …

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