Qatar Budget Deficit Q1 2025: $138M
- Qatar's Ministry of Finance (MoF) reported a budget deficit for the first quarter of 2025, covering January through March.
- Total revenues for Q1 2025 reached QR49.4 billion ($13.56 billion), a 7.5% decrease from the same period last year.
- Expenditures for the quarter totaled QR49.9 billion ($13.7 billion), reflecting a 2.8% year-over-year decrease.
Qatar faced a budget deficit in Q1 2025,a critical growth revealed by the Ministry of Finance. This financial setback, amounting to $138M, underscores the challenges Qatar faces amid fluctuating global markets. Revenues experienced a 7.5% decline, while total expenditures saw a slight decrease. Notably, contracts awarded to foreign firms surged by 50%, signaling shifts within the qatar economy. News Directory 3 provides comprehensive coverage of this economic downturn. Understanding these primary_keyword and secondary_keyword trends is vital.The government’s response will be crucial in shaping future economic stability. Discover what’s next for Qatar’s financial strategy and how it plans to navigate these turbulent waters.
Qatar Posts Q1 2025 Budget Deficit Amid Revenue Decline
Updated June 07, 2025
Qatar’s Ministry of Finance (MoF) reported a budget deficit for the first quarter of 2025, covering January through March. The deficit was financed through debt instruments, the ministry stated on X.
Total revenues for Q1 2025 reached QR49.4 billion ($13.56 billion), a 7.5% decrease from the same period last year. Oil and gas revenues accounted for QR42.5 billion ($11.68 billion), while non-oil revenues contributed QR6.9 billion ($1.9 billion).
Expenditures for the quarter totaled QR49.9 billion ($13.7 billion), reflecting a 2.8% year-over-year decrease. Spending included QR16.9 billion ($4.64 billion) for salaries and wages, QR18.5 billion ($5.08 billion) for current expenditures,QR13.1 billion ($3.59 billion) for major capital expenditures, and QR1.2 billion ($330 million) for minor capital expenditures.
The MoF also noted that government procurement contracts in Q1 2025 amounted to QR6.4 billion ($1.76 billion).Contracts awarded to foreign firms surged to QR1.5 billion ($412 million), a 50% increase compared to Q1 2024, highlighting Qatar’s growing international partnerships and its impact on the qatar economy.
Sectors showing strong economic activity, based on the Business Activity Index, included municipality and surroundings, health, energy, and the General Secretariat of the Council of Ministers.
What’s next
The government is expected to outline measures to address the budget deficit and boost revenue streams in the coming months, focusing on sustainable economic growth and diversification.