IMF Staff Country Reports

Qatar: Selected Issues

Publication Date:

January 16, 2013

Electronic Access:

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Summary:

Qatar has recently taken steps toward introducing a medium-term budget framework (MTBF) to enhance the predictability of spending decisions in the country. However, implementing medium-term fiscal planning requires formal procedural fiscal rules and parallel efforts to enhance the credibility of the annual budget. Given Qatar’s significant exposure to hydrocarbon price movements and its long-lasting hydrocarbon reserves, such fiscal rules would need a certain degree of flexibility and, at the same time, should be set to maintain consistency with long-term fiscal sustainability.

Series:

Country Report No. 2013/015

Subject:

Asset and liability management Budget planning and preparation Expenditure Financial institutions Financial markets Government securities Liquidity Liquidity management Public financial management (PFM)