Kippreport gets insights from Mike Belk, CEO and president of Daimler Middle East and LevantMarch 26, 2015 12:02
Qatar to boost spending by 25%
Ruler Sheikh Hamad Bin Khalifa Al Thani yesterday approved the country’s general budget for 2010–2011.
March 31, 2010 11:31 by Ben Flanagan
Qatar will boost budget spending by 25 percent in the 2010-2011 fiscal year, according to a report by Gulf Times.
There will be higher spending on major infrastructure projects and in the education and health sectors, according to plans endorsed by ruler Sheikh Hamad Bin Khalifa Al Thani.
According to the official Qatar News Agency (QNA), Qatar expects a budget surplus of QR9.7billion ($2.66 billion) in the next fiscal year.