Qatar won’t scale back projects in 2015 / 2016

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Finance minister says country in strong financial position with minimal deficit likely. Qatar will not scale back economic development projects or cut state subsidies for fuel and food in response to low oil and natural gas prices, because government finances remain strong, the finance minister said. Qatar, the world’s top liquefied gas exporter, is in the strongest financial position. A Reuters poll of economists last month found them predicting Doha would run a state budget deficit of only 0.7 per cent of gross domestic product this year, the region’s smallest deficit.