Qatar to announce its biggest ever budget

Middle East News.Net
Monday 24th March, 2008 (IANS)

Qatar is all poised to announce its biggest ever budget for the financial year 2008-09 which starts April 1.

According to the Arabic daily Al Sharq, the budgetary estimates are likely to be based on an oil price ranging between $45 and $55.

More money would be allocated to public projects, while health and education would continue to receive priority, according to the report.

Infrastructure development projects like electricity and water, sewage, new ports, Doha's new international airport and establishment of industrial areas would continue to get increased attention.

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