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Qatari Cabinet approves draft budget for 2017

Qatari Cabinet approves draft budget for 2017

DOHA: Cabinet officials have approved Qatar’s budget for the upcoming fiscal year and referred it to the Advisory Council for consideration, QNA reports.

No figures have been publicly disclosed, but officials said the focus in 2017 will be on improving efficiency in public spending; increasing revenue from non-oil and gas sources; and maintaining a high credit rating.