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Qatar budget surplus to rise to 12.6pc

Doha, October 25, 2011

Qatar's government budget surplus should rise to 12.6 percent of economic output in 2011 from a revised surplus of 4.1 percent in the previous fiscal year, the Opec country's development planning authority said on Tuesday.

The General Secretariat for Development Planning also said in a report that it saw the fiscal surplus falling to 7.8 percent of gross domestic product in 2012. Qatar's fiscal year starts in April. - Reuters

Tags: Qatar | economy | growth | budget surplus |

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