Qatar Unveils Surplus 2020 Annual Budget

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Qatar Unveils Surplus 2020 Annual Budget Tuesday 17 December 2019 | 20 Rabia II 1441 www.thepeninsula.qa Volume 24 | Number 8108 | 2 Riyals The world’s best footballers are here. And we’re loving it. Qatar unveils surplus Amir, Hamas chief review Palestine developments 2020 annual budget SATISH KANADY Amir H H Sheikh which constitute almost 43 percent THE PENINSULA Tamim bin Hamad of total expenditure, represent the largest share of the overall budget. Amir H H Sheikh Tamim bin Al Thani issued The allocation confirms Qatar’s Hamad Al Thani issued yesterday yesterday Law No. 26 continued commitment to provide Law No. 26 of 2019 approving the of 2019 approving the sufficient financial allocations to State's general budget for the year complete the main projects in the 2020. State's general budget health and education sectors, in The law is effective as of for the year 2020. addition to projects related to January 1, 2020 and shall be pub- hosting the 2022 World Cup. lished in the official gazette, QNA Development Strategy 2018-2022. According to the budget proposal, reported yesterday. The budget is expected to achieve the projected launch of the Sharq Qatar announced a surplus a surplus of QR500m. Crossing Project, linking Ras Abu 2020 annual budget with a pro- The general budget adheres to Aboud and West Bay, is expected jected QR211bn in revenue and the directives of H H the Amir to be completed within four years. QR210.5bn expenditure. The aimed to increase the efficiency of New projects worth QR11.5bn revenue forecast is based on an oil public spending and provide all the are projected to be awarded in price assumption of $55/barrel, the necessary financial resources to 2020. The Public Works Authority same level as in the 2019 budget. achieve sustainable development (Ashghal) is responsible for the The budgeted expenditure is within the framework of Qatar majority of those projects the highest in the past five fiscal National Vision 2030, the Ministry amounting to QR8.5bn in total. Amir H H Sheikh Tamim bin Hamad Al Thani met with the Head of the Political Bureau of the Palestinian years, reflecting the country’s of Finance said yesterday. They include various infrastructure Islamic Resistance Movement (Hamas) Dr Ismail Haniyeh and his accompanying delegation, at the commitment to the completion of Expenditure in ‘major projects’ projects such as roads, sewerage Amiri Diwan yesterday. The meeting reviewed the most important developments in Palestine. Dr multiple development projects increased by 0.6 percent to networks, landscaping, rainwater Haniyeh briefed H H the Amir on the latest developments in the Palestinian arena, especially the across multiple sectors, including QR90bn, compared with drainage and other utility and unfair blockade under which the Palestinian people in Gaza Strip are suffering. The Head of Hamas those related to National QR89.5bn in 2019. ‘Major projects’, maintenance services. `P2 expressed his thanks to H H the Amir for the valuable efforts undertaken by the State of Qatar to support the Palestinian people. H H the Amir affirmed the firm and supportive stance of the State of Qatar for the brotherly Palestinian people to achieve their legitimate national rights. 2020 ANNUAL BUDGET: KEY FIGURES MAJOR PROJECTS National Day Parade to begin Amir holds QR90bn phone call with QR211bn BUDGETED at 9.30am on Doha Corniche OIL PRICE / BARREL US President REVENUE SIDI MOHAMED Associated Activities of Qatar CURRENT EXPENDITURE THE PENINSULA National Day 2019 celebration. QNA Al Adba urged the public willing QR58bn DOHA QR210.5bn The Security Committee for to watch the Parade to reach the EXPENDITURE Qatar National Day 2019 activ- location as early as possible. $55 ities yesterday announced the He also added that 16 parking Amir H H Sheikh Tamim bin WAGES & SALARIES arrangements for the National locations have been specified for Hamad Al Thani held a tele- QR59bn Day Parade on Doha Corniche. the public to park their vehicles phone conversation with Pres- Brigadier Ali Khajeem Al and move to and from Corniche ident of the United States of Adba, head of the Security Com- in shuttle buses. People can also America H E Donald Trump last mittee for Qatar National Day use the Doha Metro to reach the evening. MINOR CAPEX activities and Director of Mis- shuttle bus points. During the phone call, HEALTHCARE EDUCATION MUNICIPAL & sions and Establishments The head of the Security they reviewed the strong stra- QR3.5bn Security Committee said that the Committee advised the public tegic relations between the QR22.6bn QR22.1bn ENVIRONMENT National Day Parade will start wishing to attend the Parade to two countries and the impor- at 9.30am tomorrow. take necessary safety measures tance of enhancing them, and QR28.9bn This came during a press in anticipation of weather condi- discussed a number of issues conference held yesterday at the tions and urged the parents to and the latest developments General Directorate of Civil take care of children and ensure on the regional and interna- Defence headquarters on the their safety. tional arenas. Qatar Airways to add QFFD signs pacts with UN agencies and more destinations to NGO to support humanitarian causes its network next year THE PENINSULA Armed Conflict; United Nations thousands of vulnerable refugee for a period of three years, which DOHA Office for the Coordination of families across the Middle East will open in Doha. THE PENINSULA Botswana that marked the ninth Humanitarian Affairs (OCHA); and North Africa region. “The The agreement aims at DOHA new destination launched by the Qatar Fund For Development Qatar Creating Vision (QCV) and ability to provide winter enhancing knowledge and skills airline in 2019. The airline also (QFFD) has signed a number of Dutch non-governmental organ- assistance and more importantly, related to the protection of Qatar Airways said yesterday two reconfirmed Osaka, Japan, will agreements with UN agencies isation ‘SPARK’. cash assistance is integral to children affected by armed con- new exciting Mediterranean join the airline’s network in and an international NGO to help QFFD signed an agreement safeguarding their wellbeing flict in the region and raising destinations will join its ever- 2020, with the inaugural flight implement humanitarian with UNHCR, the UN Refugee during this difficult season,” said awareness and encouraging the expanding network in the first departing on April 6. projects to support refugees from Agency to provide much-needed Awad. collection of information about half of 2020, with many more to Qatar Airways Group Chief Syria and Palestine and to seasonal cash assistance for tens The QFFD and the Office of the plight of children affected By be announced in the coming Executive, H E Akbar Al Baker, provide health services to of thousands of refugee men, the United Nations Secretary- war, and strengthen interna- months. The airline will also add said: “We are pleased to announce children in Africa and Asia on the women and children. The cash General’s Envoy for Children and tional cooperation to improve 66 weekly frequencies to 20 Santorini, Greece and Dubrovnik, sidelines of the Doha Forum assistance, which will be dis- Armed Conflict also signed a their protection. existing destinations in its Croatia will be joining our global 2019. tributed until the end of funding agreement for the The QFFD will also support network due to strong market network in 2020. We are com- The agreements’ signing December 2019, is expected to Center for the Promotion and the Country Based Pooled Funds demand and the recent deliveries mitted to offering our passengers were witnessed by the Deputy support over 20,900 Syrian ref- Protection of Children Affected in Nigeria, Syria, Jordan, and of more fuel-efficient aircraft. as many seamless one-stop con- Prime Minister and Minister of ugees in Jordan and around by Armed Conflict in Doha . Lebanon for OCHA. This was The airline will be the first nection choices as possible. With Foreign Affairs, H E Sheikh 24,900 in Lebanon. The agreement was signed announced in a signing cer- Gulf carrier to begin direct flights the addition of these new routes, Mohamed bin Abdulrahman Al Amin Awad, UNHCR Director by H E Khalifa bin Jassim Al emony in the presence of H E to Santorini, its fourth destination our network will expand to 170 Thani, and the President of the for the Middle East and North Kuwari, Director General of Khalifa Al Kuwari, the Director in Greece after Athens, Mykonos passenger destinations, further 74th Session of the United Africa Bureau and Regional QFFD and H E Virginia Gamba, General of the Qatar Fund for and Thessaloniki, with services consolidating our position as one Nations General Assembly, H E Refugee Coordinator for the Special Representative of the Development, and H E Mark to begin on 20 May 2020. Flights of the world’s most connected Tijjani Muhammad Bande. Syria and Iraq situations said: Secretary-General for Children Lowcock, the Under-Secretary- to Dubrovnik, Croatia, the air- airlines. The signatories include UN “We are thankful to QFFD, the and Armed Conflict. General and Humanitarian Relief line’s second destination in “We also invite all passengers Refugee Agency (UNHCR); generous people of Qatar, and Under this agreement, Qatar Coordinator (OCHA). Croatia after Zagreb will start on to enjoy the extra capacity and United Nations Relief and Works the government and leaderhip will support the Analysis and According to this agreement, April 20, 2020. flexibility provided by the 66 Agency for Palestine Refugees of Qatar for this much-needed Communication Center of the Qatar confirms the distinguished Yesterday’s announcements additional weekly frequencies we in the Near East (UNRWA); Office contribution.” Office of the Special Represent- role that QFFD plays as a donor and follow just one day after the are adding to 20 existing destina- of the United Nations Secretary- He said that winter is a ative of the Secretary-General supporter to the mechanism of the inaugural service to Gaborone, tions in our network.
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