Qatar’s second quarter deficit widened to $210mn from $150mn in Q1, latest finance ministry data shows. This marks the second consecutive quarterly deficit, following a return to the red in Q1—the first since 2021 (MEES, 13 June).
Doha had projected a deficit of $3.6bn in the 2025 budget, based on a conservative $60/B oil price assumption. But oil and gas revenues took a hit during the second quarter, falling to a four-year low of $9.3bn. (CONTINUED - 190 WORDS)