Qatar: Qatar's state budget recorded a QR 10.3 billion fiscal deficit during the first quarter of 2026, the Ministry of Finance announced on Monday.
According to Qatar News Agency, a statement posted on the social media platform X revealed that total revenues for the first quarter reached approximately QR 37.8 billion, reflecting a 23.5% decline compared to the corresponding period last year. Total expenditures during the quarter stood at around QR 48.1 billion, down 3.7% year-on-year.
The statement noted that oil revenues amounted to approximately QR 32.749 billion, while non-oil revenues totaled QR 5.050 billion. The Ministry of Finance added that expenditures during the same period included QR 17.970 billion for salaries and wages, QR 19.123 billion for current expenditures, QR 10.342 billion for major capital expenditures, and QR 659 million for minor capital expenditures.