DOHA: A $200 billion infrastructure program could see higher costs and delays because of the slump in oil prices, the government said on Sunday.
A study from the Ministry of Development Planning and Statistics said that “continued volatility” in the oil market was likely to have consequences for the vast construction projects underway.
The ministry predicted that Doha would run budget deficits for at least three years as it adjusts its energy-reliant economy to the fall in oil prices.