Economy

Qatar Expects Spending of 200.9 Billion Qatari Riyals in 2024 Budget

Qatar Expects Spending of 200.9 Billion Qatari Riyals in 2024 Budget

The Qatari News Agency reported today, Wednesday, that the country's general budget for 2024 has been set based on an average oil price of $60 per barrel, compared to $65 per barrel in 2023. The agency indicated that the total expected revenues for the 2024 budget amount to 202 billion Qatari riyals ($53.84 billion), while total spending is projected at 200.9 billion riyals. Consequently, the expected deficit for 2024 is approximately 6.2 billion riyals.

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