Published by
Al-Araby
Al-Araby
Qatar foresees a nearly five percent rise in government expenditures next year due to its hosting of the 2022 World Cup, budget estimates released on Tuesday show. The emirate’s planned expenses for 2022 rose by 4.9 percent from last year to 204.3 billion riyals ($55.7 billion), Finance Minister Ali bin Ahmed al-Kuwari said, according to the official Qatar News Agency. This was “mainly due to the temporary increase in operational expenses related to the World Cup hosting activities, which include security and operating costs for all related events to the FIFA World Cup Qatar 2022,” the ministe…