Qatari Cabinet approves the draft state budget for 2018

Qatari Cabinet approves the draft state budget for 2018

QLBusiness
By QLBusiness

The regular Qatari Cabinet meeting has approved the draft general state budget for the fiscal year 2018.

The Cabinet meeting, presided over by HE the Prime Minister Sheikh Abdullah bin Nasser bin Khalifa Al Thani, also passed a draft law to adopt the budget and to transfer the main sections of the draft budget and draft law to the Advisory Council, reported Gulf Times.

The draft budget has been prepared with focus on completion of major infrastructure projects and projects related to the Qatar 2022 FIFA World Cup, according to Qatar Tribune

The general budget also puts emphasis on supporting food security projects, continuing work on increasing non-oil revenues, increasing efficiency of public spending, allocating financial resources for the development of housing plots for citizens, supporting projects related to small and medium industries, tourism sector and infrastructure development in the economic and free zones.

The Cabinet also approved a draft decision on amending the organisation of some administrative units comprising the Ministry of Administrative Development, Labour and Social Affairs.

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