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Aug 22, 2026
09:49
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ECONOMY // FINANCIAL FLOW
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The bonanza was waiting for Qatar around the corner — and then the war with Iran ruined everything

The war between the US and Israel against Iran has severely hit Qatar's revenues from gas exports, leading to a cut of up to 30% in government budgets and about 85% in foreign aid. The IMF predicts that its economy will shrink by 8.6% this year.

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