Sunday, 7 January 2018

Qatar budget focuses on stability, support for diversification: SAK

Qatar budget focuses on stability, support for diversification: SAK:

"Qatar’s 2018 budget focuses on strengthening stability, developing prudent financial performance, and providing support for the economic diversification strategy it started earlier on, SAK Real Estate has said in its latest monthly report. 
According to the report, the 2018 budget also confirms that Qatar will provide the necessary funds to complete the implementation of significant development projects pledged by the state, especially infrastructure projects in the health, education, transportation sectors and projects related to the country’s hosting of the FIFA World Cup in 2022. 
“Total expenditure on these projects is expected to reach QR93bn, which will lead to a boom in the real estate sector as a result of the continued flow of liquidity supporting real estate sector capabilities, and as a response to comprehensive and sustainable development requirements that will achieve the objectives of the Qatar National Vision 2030,” it said."



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