Establishing 11 new schools and renovating and developing 7 existing schools
Completing the construction work for new hospitals
A project to develop estate complexes in the country
Developing indoor gyms and sports facilities
His Excellency Mr. Ali bin Ahmed Al Kuwari, Minister of Finance, confirmed that the volume of expenditures in the new budget for 2025 amounts to 210.2 billion riyals, from which the education sector receives allocations amounting to 19.4 billion riyals, explaining that it is planned to establish 11 new schools and renovate and develop 7 existing schools, in addition to constructing a new building for a college. Dentistry and the College of Nursing, and the maintenance and development of some buildings to support an advanced educational environment. His Excellency said during a press conference yesterday that the health sector allocations amount to 22 billion riyals, of which the construction work for new hospitals will be completed and projects to develop existing facilities for Hamad Medical Corporation and the Primary Health Care Corporation will be completed, which reflects the state’s continued commitment to policies of developing human capital and raising… The level of quality of public services.
The Minister of Finance explained that the municipality and environment allocations in the new budget amount to 21.9 billion riyals, reviewing some of the sector’s projects to be implemented, such as establishing a shelter and care center for wild animals, developing and rehabilitating the Oryx Reserve in Al Shahaniya, rehabilitating, operating and maintaining the central veterinary laboratory building, a project to develop farm complexes in the country and expanding a research center. Aquaculture and fish farming.
He pointed out that the sports sector receives allocations in the 2025 budget amounting to 6.6 billion riyals, with the aim of rehabilitating and developing the facilities of the Aspire Zone Foundation, developing the facilities affiliated with the Racing and Equestrian Club and the Qatar Equestrian Federation, and developing the Al-Oqda Equestrian Complex (the fourth phase), in addition to the work of developing the covered sports halls and affiliated sports facilities. For the Ministry of Sports and Youth and others.
Allocations for commercial affairs amount to 3.9 billion riyals, transportation 3.9 billion riyals, tourism and culture 3.6 billion riyals, communications 3 billion riyals, social services 2.7 billion riyals, and research and development 1.1 billion riyals.
His Excellency Mr. Ali bin Ahmed Al Kuwari said that the allocations for salaries and wages for the year 2025 increased to 67.5 billion riyals, an increase of 5.5 percent over the year 2024. While the allocations for current expenses increased by 6.3 percent and secondary capital expenditures increased by 7.7 percent compared to the previous year. The major capital expenditure budget witnessed a slight increase of 1.4 percent to support the continued implementation of strategic and development projects.
Government contracting plan
As for the government contracting plan for 2025, His Excellency the Minister highlighted the most important sectors, as it is planned that the Public Works Authority (Ashghal) will issue tenders in the year 2025 worth 56.2 billion riyals, while health sector tenders reach 7.5 billion riyals, and tenders are estimated at 56.2 billion riyals. Qatar General Electricity and Water Corporation (Kahramaa) with 7 billion riyals.
His Excellency the Minister of Finance noted that the total expected revenues of the budget for the fiscal year 2025 amount to 197 billion riyals, of which 154 billion riyals are oil and gas revenues, and 43 billion riyals are non-oil revenues, attributing the expected deficit for 2025 of 13.2 billion riyals to the state’s continuation of a 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 stability of spending.
He added that the state continues to adopt a conservative approach by maintaining its estimates of the price of oil approved in the state’s general budget for the year 2025 at $60 per barrel, in order to ensure financial stability and economic flexibility in the face of market fluctuations.
Speaking about some important indicators of the Qatari economy during the current year, His Excellency the Minister of Finance said that the country’s gross domestic product achieved a growth of 1.7 percent during the year 2024, as non-hydrocarbon output grew by 1.9 percent, while the growth of hydrocarbon output reached 1.4 percent.
He explained that the inflation rate began to return to its normal levels, reaching 1.3 percent until last September, which is among the best in the world, indicating expectations that inflation will stabilize at 2 percent during the medium term.
He stated that the State of Qatar received 4.6 million tourists until last November, while the budget surplus as a percentage of GDP reached 0.3 percent, and public debt as a percentage of GDP reached 40.5 percent.