Qatar's account balance to reach $60bn in 2012
- Qatar: Wednesday, December 12 - 2012 at 03:57
According to a report by the Institute of International Finance, favourable energy prices will see Qatar's current account balance hit around $60bn in 2012, Gulf Times has reported. The Gulf country's fiscal balance will account for 6.6% of the country's GDP this year, the report said. In 2013, Qatar's current account and fiscal balance have been forecast at $50.6bn and 3.8% (of the GDP), respectively, it said.
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