Qatar has imposed sweeping spending cuts as war-related disruption to its vital LNG industry weighs heavily on state revenues, with government ministry budgets reduced by as much as 30% and foreign-aid funding slashed by around 85%.
The retrenchment follows Iranian strikes that damaged facilities at the Ras Laffan energy complex and prolonged disruption to shipping through the Strait of Hormuz, severely constraining Qatar’s gas exports.
The IMF now forecasts Qatar’s economy will contract by 8.6% in 2026, the steepest decline among Gulf states, while further government spending cuts could follow later this year if the energy and shipping crisis persists.
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Less "foreign aid" means less support for terrorism and harm aimed at Israel. M...thanks Iran :)
The retrenchment follows Iranian strikes that damaged facilities at the Ras Laffan energy complex and prolonged disruption to shipping through the Strait of Hormuz, severely constraining Qatar’s gas exports.
The IMF now forecasts Qatar’s economy will contract by 8.6% in 2026, the steepest decline among Gulf states, while further government spending cuts could follow later this year if the energy and shipping crisis persists.
***
Less "foreign aid" means less support for terrorism and harm aimed at Israel. M...thanks Iran :)