Qatar's budget surplus tripled to $12.2bn in the fiscal year ending in March - allowing the Government to make good on its plans to increase infrastructure spending to over 10% of its GDP in the build-up to the 2022 FIFA World Cup.
Furthermore, Qatar has retained its position as the Middle East's most innovative economy in the annual Global Innovation Index 2012 (GII). The study, commissioned by leading business school INSEAD in partnership with other leading research organisations, scored 141 countries based on the degree to which their economic environment enables innovation, as well as actual innovative outputs.
