Qatar approves $56.13bln budget for 2022

Based on an average oil price of $55 per barrel

  

CAIRO- Qatar said on Tuesday it expects to spend 204.3 billion riyals ($56.13 billion) in its 2022 budget and run a deficit of 8.3 billion riyals.

The Gulf Arab country sees revenues of 196 billion riyals next year, based on an average oil price of $55 per barrel, up from $40 in 2021, the state news agency said.

($1 = 3.6400 Qatar riyals)

(Reporting by Yasmin Hussein; Writing by Ahmad Elhamy; Editing by Alex Richardson) ((ahmad.elhamy@thomsonreuters.com; +201023399104; Reuters Messaging: ahmad.elhamy.thomsonreuters.com@reuters.net))


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