Qatar Emir says last year's large budget deficit turned into surplus this year

Tuesday, 05/11/2019 | 07:24 GMT

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By Giles Coghlan, Chief Currency Analyst at HYCM

Qatar 52nd ranked GDP country

Budget deficit last year turned into surplus this year.

Always nice when a deficit turns into a surplus. 70% of Qatar's GDP comes from its petroleum and natural gas resources.

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Source: https://www.forexlive.com/news/!/qatar-emir-says-last-years-large-budget-deficit-turned-into-surplus-this-year-20191105

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