Qatar, the world's second-largest LNG exporter, achieved a budget surplus of 2 billion riyals ($548.9 million) in the first quarter of 2024, which was used to reduce public debt, the finance ministry said on Sunday.
The state's total revenue for the period amounted to 53.4 billion riyals, down 22.1% from a year earlier, the ministry said, Reuters reported.
Qatar also recorded total public spending of 51.4 billion riyals in the quarter, up 5% year on year, the ministry added.
