File - The Qatar Petroleum headquarters, which is under construction, in Doha.
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Qatar's state spending increased 12.7 percent last fiscal year, the lowest rate in 11 years, as slow growth in current expenditure offset a sharp rise in funds spent on infrastructure projects, data showed.Project spending soared 32.7 percent to 68.4 billion riyals last fiscal year, compared with growth of just 1.9 percent in the previous year.State revenue in the world's top liquefied natural gas exporter grew 21.9 percent to a record 346.6 billion riyals last fiscal year, slower than the 27.8 percent rise in the previous year.The 2013/14 budget surplus surged to a record 115.0 billion riyals, or 15.6 percent of gross domestic product, from 78.8 billion riyals or 11.4 percent of GDP in the previous year.
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