Iran War Blows Hole in Qatar Budget
11 Articles
11 Articles
Qatar, which grew wealthy from the global natural gas trade, has been facing plummeting revenues since the closure of the Strait of Hormuz in February. Although the country was previously responsible for a fifth of global gas exports, it now has its highest budget deficit since 2016.
The Ministry of Finance of Qatar states that the general State budget recorded a deficit of 21.2 billion rials ($5.82 billion) in the second quarter of 2026.
The energy crisis caused by the war and restrictions in the Strait of Ormuz begins to pierce the accounts of one of the richest countries in the Gulf. Qatar closed the second quarter with a deficit of 21.2 billion rials and accumulated in just six months a fiscal red of 31.5 billion, higher [...]
Middle East Summary, September 9, 2026. Qatar’s Ministry of Finance announced that the country had a budget deficit of five billion dollars in the second quarter of the year. Qatar recorded its largest quarterly budget deficit in almost a decade, due to the fact that natural gas revenues practically vanished [...] Qatar’s entry. Deficit reaches its highest level in a decade was first published in Latin American Summary.
Qatar ' s fiscal deficit in the second quarter of 2026, against the backdrop of a sharp decline in natural gas revenues, exceeded 21 billion rials (5.8 billion ... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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