DOHA: The Chairman of Qatar Chamber, HE Sheikh Khalifa bin Jassim Al-Thani, has announced that Qatar’s state budget for the 2025 fiscal year is a testament to the country’s effective economic policies, particularly in promoting economic diversification. The budget aligns with the objectives of Qatar National Vision 2030 and reflects the leadership’s commitment to strengthening the national economy and fostering sustainable development.
According to Qatar News Agency, Sheikh Khalifa emphasized that the 2025 budget is in line with the Third National Development Strategy, with a focus on building a knowledge- and innovation-based economy. Key strategic sectors prioritized in the budget include trade, industry, research, innovation, tourism, digital transformation, education, health, and information technology. These sectors are seen as crucial to diversifying the economy and advancing sustainable development.
The budget projects non-oil revenues for 2025 to reach QAR 43 billion, highlighting the country’s emph
asis on non-oil sectors. This focus is part of Qatar’s broader economic diversification policies, which aim to establish alternative income sources alongside traditional gas and oil revenues.
Additionally, Sheikh Khalifa noted that QAR 41.4 billion, representing 20 percent of the total budget, has been allocated to the health and education sectors. This allocation underscores the leadership’s commitment to developing human capital and enhancing public services in health and education.