Qatar Budget for Expats

Delhi80
By Delhi80

Total budget: QR162.4bn
This means our jobs are safe and the economy is growing so we should be able to make more money in this country.
Surplus: QR22.5bn
This means Qatar should be able to fund expense for Infrastructure Requirement for 2022 without external debt so economy will not suffer.
20pc growth this year
This is good news for new and existing jobs, people in the Banking and Infrastructure will benefit.
Budgetary estimates are based on an oil price of $55 per barrel.
So, there is good chance of overachieving revenue targets.
Health sector had been upped 3.6 percent to QR8.8bn in the new budget
So, Hamad will have new vacancies and better services.
Housing is a key area of development so allocations for the sector have been raised 100 percent to QR5.2bn.
So, Qataries will get double the Housing Allowance and Expats will have to bear higher rent based on government indications.
The state also plans to raise salaries and wages of its employees so the outlays for the purpose have been raised by 10 percent to QR25.2bn ($6.9bn) in the budget
So expats and Qataries working in the government sector can look upto this.

http://www.thepeninsulaqatar.com/qatar/147460-public-spending-in-budget-...

By anonymous• 1 Apr 2011 16:54
anonymous

This is clearly the April's Fool joke of the day!

By lpagaling• 1 Apr 2011 14:04
lpagaling

(:

By Delhi80• 1 Apr 2011 13:48
Rating: 4/5
Delhi80

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