A simple solution is, just pick up the balance sheets of top 500 companies from different sectors, see their payable list beyond 60 days, and you would be surprised to note that these companies are virtually financing 70% their business by holding and using the funds of workers and suppliers. Why they do so religiously because, it is easy, interest free, and No one is asking them why are you delaying the payments, there is no Market Credit Control System in Qatar. A small office in the Ministry of Trade can easily sort out this matter in few months.
Correct,
A simple solution is, just pick up the balance sheets of top 500 companies from different sectors, see their payable list beyond 60 days, and you would be surprised to note that these companies are virtually financing 70% their business by holding and using the funds of workers and suppliers. Why they do so religiously because, it is easy, interest free, and No one is asking them why are you delaying the payments, there is no Market Credit Control System in Qatar. A small office in the Ministry of Trade can easily sort out this matter in few months.