The Qatari Ministry of Finance announced that the budget of the State of Qatar for the first quarter of 2023 achieved a surplus of 19.7 billion riyals ($5.41 billion). The figure reflects an increase of 70 percent compared to the fourth quarter of 2022, which witnessed a profit of 11.6 billion riyals.

The Ministry stated that "total revenues for this quarter amounted to 68.6 billion riyals, of which 63.4 billion riyals were oil and gas, while non-oil revenues amounted to 5.2 billion riyals."

They indicated that the total expenditures in the same quarter of 2023 amounted to 48.9 billion riyals, of which 15.6 billion riyals were for salaries and wages and 17.3 billion riyals for current expenses, while secondary capital expenditures amounted to one billion riyals and significant capital expenditures amounted to 15.1 billion riyals.

The data of the Ministry of Finance also indicated that the actual average oil price during the quarter mentioned above amounted to 82.2 dollars per barrel, which is higher than the estimated price in Qatar's budget for the year 2023, which is 65 dollars per barrel.

The Ministry's estimated data for the state's general budget for the year 2023 estimated the surplus at 29 billion riyals for the entire year 2023, which means that about 68% of this amount has already been achieved for the first quarter of 2023 only.