Reuters: US Dollar Report: Qatar 2012/13 budget to be bigger - fin min

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Qatar 2012/13 budget to be bigger - fin min May 6th 2012, 12:07 DOHA | Sun May 6, 2012 8:07am EDT DOHA May 6 (Reuters) - Qatar's government budget for the new fiscal year will be bigger than the previous one and inflation should move between 2 and 3 percent this year, finance and economy minister Youssef Kamal said on Sunday. "It will be bigger," Kamal told reporters on the sidelines of a conference, without giving details. In its 2011/12 budget, the world's top liquefied natural gas exporter originally planned spending worth 139.9 billion riyals ($38.4 billion) and a surplus of 22.5 billion riyals, or 3.6 percent of the 2011 gross domestic product. Qatar's 2012/13 fiscal year started in April. Kamal said the government would release its budget plan by the end of May.

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