The Qatar Q1 2025 budget report revealed total revenues of QR49.4 billion, according to the Ministry of Finance. Despite a 7.5% drop from the previous year, Qatar remains financially stable.
The Ministry announced a QR0.5 billion budget deficit for the first quarter of 2025. Within the budget report for Qatar, the shortfall was addressed through debt instruments. This reflects the government’s active fiscal management strategy.
Oil and gas revenues remained the main source, bringing in QR42.5 billion. Non-oil revenues added QR6.9 billion to the total. Together, these make up the QR49.4 billion reported in the Qatar Q1 2025 budget report.
On the spending side, total public expenditure reached QR49.9 billion, a 2.8% decrease compared to the same period in 2024. The government allocated QR16.9 billion for salaries and wages, emphasizing its focus on workforce stability, which was noted in the budget report for Qatar Q1 2025.
In addition, QR18.5 billion was spent on current expenditures. Meanwhile, major capital expenditures reached QR13.1 billion, with minor capital projects costing QR1.2 billion.
The Qatar Q1 2025 budget report also highlighted procurement trends. Contracts executed through public tenders and auctions totaled QR6.4 billion. Of that, QR1.5 billion went to foreign firms—up 50% from Q1 2024—reflecting Qatar’s growing international partnerships.
The Ministry noted that the top four sectors by business activity were municipality and environment, health, energy, and the General Secretariat of the Council of Ministers. These areas received the most attention and investment in Q1 2025 as stated in the budget report.
This report underscores Qatar’s commitment to responsible financial planning. While revenues dipped slightly, expenditure control and debt tools helped maintain economic balance.