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Qatar offers $1bn in international aid yearly – Al Emadi

Qatar offers $1bn in international aid yearly – Al Emadi
Qatar offers $1bn in international aid yearly – Al Emadi

Mubasher: Ali Sharif Al Emadi, Qatar’s minister of finance, recently revealed that Qatar provides assistance of around $1 billion a year to governmental and non-governmental organisations.

Speaking on the sidelines of the ECOSOC Forum on financing for development follow-up 2018, Al Emadi added that Qatar exceeded the required official percentage of development assistance offered by more developed northern countries.

The minister noted that the largest share of aid included was in the form of humanitarian aid and relief efforts.

Qatar has expanded its aid to include contributions, donations, financial aid, in-kind aid, and soft loans, which are often written off, Al Emadi revealed.

The minister further stated that relief efforts saw a surge in the early 2010s after several natural disasters, indicating that more than 70% of Qatar’s aid comes from the government.