Qatar to spend QR63bn on health, education, environment in 2025

Doha, Qatar: The Ministry of Finance held a press conference yesterday to announce Qatar s general budget for the year 2025 which was approved under L...

Doha, Qatar: The Ministry of Finance held a press conference yesterday to announce Qatar’s general budget for the year 2025 which was approved under Law No. 20 of 2024 issued by Amir H H Sheikh Tamim bin Hamad Al Thani.

During the press conference, Minister of Finance H E Ali bin Ahmed Al Kuwari delivered a presentation on the state’s general budget for 2025, detailing revenues, expenditures, important economic indicators and allocations for main sectors. The Minister of Finance noted the total expected revenues for the budget for fiscal year 2025 amount to QR197bn, of which QR154bn are oil and gas revenues, and QR43bn are non-oil revenues. He attributed the expected deficit for 2025 of QR13.2bn to the state’s continued conservative approach in estimating oil and gas revenues, and adopting an average oil price of $60 per barrel, with the aim of enhancing financial flexibility and ensuring spending stability.

Highlighting the sectors that would benefit the most from the budget and how those allocations are being distributed, Al Kuwari said, “In education sector we have allocated QR19.4bn, health (QR22bn) municipality and environment (QR21.9bn), commercial affairs (QR3.9bn), research and development (QR1.1bn), social services (QR2.7bn), telecommunications (QR3bn), transportation (QR3.9bn), sports (QR6.6bn) and tourism and culture (QR3.6bn)."

Revealing the key sector allocations for 2025 budget and main projects that will be launched in the respective sectors, the Minister of Finance noted that the budget expenditures amount to QR210.2bn, of which the education sector receives allocations amounting to QR19.4bn.

He said, “There are many projects and initiatives that are linked to the NDS3 but the most important is the establishment of 11 schools, including four schools for people with special needs and renovation of seven existing schools. Also, the construction of new building for the College of Dentistry and the College of Nursing, and maintaining and developing some buildings to support an advanced educational environment."