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00:00 The non-oil will supports Qatar's budget, with the first quarter figures from 2024.
00:08 What is most notable is the benefits and the balance sheet.
00:13 For me, the budget, which was recorded at 2 billion riyals at the end of the first quarter of the current year,
00:20 has decreased from 19.7 billion riyals in the period since 2023. The average price of the barrel is now 81.9 dollars.
00:34 But, for the wills, the decline is clear, at about 22% at 53 billion and 400 million riyals. In contrast, the expenses increased at 5% at 51 billion and 400 million riyals.
00:52 The expenses were in support of the increasing current spending.
00:55 Looking at the total wills, we see that the oil and gas wills declined by 25.14% to 47.3 billion riyals.
01:09 But, the main benefits were the growth of non-oil wills by 17.13% at 6.2 billion riyals.
01:23 But, looking at the balance sheet, the government spending increased, supporting the economic growth during the first quarter.
01:33 For me, the current spending increased by 29.1%, the salaries and wages increased by 15.1%, to more than 16.4 billion riyals.
01:47 Looking at the balance sheet, the main benefits were the growth of non-oil wills by 16.4% to 16.4 billion riyals.
01:59 But, the main benefits were the growth of non-oil wills by 16.4% to 16.4 billion riyals.
02:06 Looking at the balance sheet, the government spending increased, supporting the economic growth during the first quarter.
02:16 The total wills declined by 20.6 billion riyals.
02:23 But, the expenses increased by 13.7% at 7.26 billion riyals.
02:31 The remaining numbers for these discounts and discounts, we have the contracts set on local companies,
02:39 which declined by 21% at 5.8 billion riyals.
02:45 But, the contracts set on foreign companies, which declined by 5% at 800 million riyals.
02:54 Looking at the other numbers, and the total of the budget for 2024,
03:03 we have the oil price at 60 dollars per barrel.
03:08 The expected revenue for 2024 is 1.1 billion riyals.
03:14 The expenses are at 200.9 billion riyals.
03:18 The wills are at 200.2 billion riyals.
03:22 Non-oil wills support Qatar's budget surplus in the first quarter of 2024.
03:29 that.