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Qatar Economic Insights

QATAR 2018 BUDGET SEES RISE IN SPENDING

Spending is expected to total 203.2 billion riyals ($55.8 billion), up 2.4 percent from the budget plan for 2017, with the deficit declining 1.1 percent to 28.1 billion riyals.

BUDGET EXPENDITURES:

health sector

Allocations for the health sector were QR22.7 billion, representing 11.2% of the total expenditure in 2018. Major projects to improve health care services include:

EDUCATION SECTOR

The education sector is witnessing a major expansion with a total allocation of QR19.0 billion in the 2018 budget, up by 19% compared to 2017. Major projects in the education sector currently underway include:

TRANSPORTATION & INFRASTRUCTURE

The transportation and other infrastructure projects were assigned the largest share in the 2018 budget with allocations of QR42.0 billion, 21% of total expenditure. These projects include:

  • The Metro Lusail Light Train
  • Al Bustan Highway
  • Orbiter Expressway
  • Al Rayyan / Dukhan road
  • Al Khor Coastal Road
  • Expansions in the water and electricity networks
  • Development of infrastructure in existing area
SPORTS AND WORLD CUP PROJECTS

Sports sector and 2022 FIFA World Cup projects amount to a total allocation of QR11.2 billion. These are primarily focused on the completion of stadiums in Lusail, Qatar Foundation, Al Rayyan, Al Wakrah and Al Khor in addition to other sport projects.
Source: Reuters

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