LBCI

Qatar posts 2022 budget surplus of $24.34 bln

Middle East

23-02-2023 | 07:02

Share

Share

Qatar posts 2022 budget surplus of $24.34 bln

2^min

Qatar had a budget surplus of 89 billion riyals ($24.34 billion) in 2022, the state news agency reported on Thursday, citing the finance ministry, a massive increase from 2021 as high oil and gas prices significantly boosted public revenue.

In 2021 the budget surplus was 1.59 billion, according to Moody's citing finance ministry figures.

For 2023, Qatar anticipates a budget surplus of 29 billion riyals, finance minister Ali bin Ahmed Al Kuwari was quoted as saying in December, which he attributed to an estimated 16.3 percent rise in revenue, thanks to rising average oil prices.

The Gulf Arab state, which hosted the soccer World Cup during the third quarter of 2022, is one of the world's largest exporters of natural gas and has benefited from huge windfalls from soaring global oil and gas prices.

Qatar's oil and gas revenues surged 67 percent in the first half of 2022 compared with the same period in 2021 and prices remained high for the balance of the year.

Qatar

Budget

Surplus

Boosted

Public

Revenue

Oil

Prices

Gulf Arab

State

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Military court postpones ruling for three Hezbollah members accused of carrying weapons

2026-03-08

Military court postpones ruling for three Hezbollah members accused of carrying weapons

Iranian crude oil tankers exit US blockade zone: Tracking site

Middle East News

2026-06-17

Iranian crude oil tankers exit US blockade zone: Tracking site

Israeli airstrike targets Beirut’s southern suburbs

2026-04-06

Israeli airstrike targets Beirut’s southern suburbs

Trump says he has agreed to suspend 'bombing and attack of Iran' for two weeks

2026-04-07

Trump says he has agreed to suspend 'bombing and attack of Iran' for two weeks

Videos

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

2026-08-06

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

2026-07-24

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

2026-07-20

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

2026-06-26

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

Rubio on Lebanon-Israel framework agreement: 'beginning of the beginning,' more work needed

2026-06-26

Rubio on Lebanon-Israel framework agreement: 'beginning of the beginning,' more work needed

Lebanon, Israel sign trilateral framework agreement after Washington talks attended by Rubio: Video

2026-06-26

Lebanon, Israel sign trilateral framework agreement after Washington talks attended by Rubio: Video

Israeli strikes renew on Choukine, Maifadoun, and Nabatieh al-Fawqa in southern Lebanon: Video

2026-06-20

Israeli strikes renew on Choukine, Maifadoun, and Nabatieh al-Fawqa in southern Lebanon: Video

Massive Israeli strikes hit South Lebanon under ceasefire conditions

2026-06-19

Massive Israeli strikes hit South Lebanon under ceasefire conditions

Trump criticizes Israel’s Lebanon campaign, says war has gone on ‘too long’ and floats Syria role in conflict

2026-06-16

Trump criticizes Israel’s Lebanon campaign, says war has gone on ‘too long’ and floats Syria role in conflict

Most read

24 hours

7 days

Month

Ali Taher becomes focal point as Israel weighs wider operation in southern Lebanon

1

Ali Taher becomes focal point as Israel weighs wider operation in southern Lebanon

Political clash: A dispute over one speech reveals a deeper power struggle in Lebanon

2

Political clash: A dispute over one speech reveals a deeper power struggle in Lebanon

PM Salam: Israel’s actions in southern Lebanon violate international law

3

PM Salam: Israel’s actions in southern Lebanon violate international law

PM Salam, FM Al-Shaibani discuss enhancing Lebanese-Syrian cooperation

4

PM Salam, FM Al-Shaibani discuss enhancing Lebanese-Syrian cooperation

Lebanon's defense minister apologizes to martyrs' families, vows to defend army's voice

5

Lebanon's defense minister apologizes to martyrs' families, vows to defend army's voice

Solar eclipse plunges large swathe of Spain into total darkness

6

Solar eclipse plunges large swathe of Spain into total darkness

Lebanon presidency denies media reports on Aoun-Trump meeting

7

Lebanon presidency denies media reports on Aoun-Trump meeting

Dispute between Lebanon’s prime minister and defense minister under discussion, sources say

8

Dispute between Lebanon’s prime minister and defense minister under discussion, sources say

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More