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  • Qatar’s finance minister says the country is spending $ 500 million a week for the World Cup
17 August 2022

Qatar’s finance minister says the country is spending $ 500 million a week for the World Cup

Qatar’s finance minister says the country is spending $ 500 million a week for the World Cup

by seatup / Wednesday, 28 February 2018 / Published in Auditorium seating, cinema seating, conference seats manufacturer, professional seating solution, sport courts, stadium chair, stadium chairs, stadium contractor, stadium project, stadium seat, stadium seats manufacturer, Technology in Stadium

Qatar’s finance minister says the country is spending $ 500 million a week ahead of the World Cup
According to Ali Shaarif al-Amadi the World Cup in 2022 will be “the most expensive of all time.” The amount covers the expenditure on stadiums and other projects, including roads, a new airport and hospitals.

Qatar’s finance minister has discovered that the country spends about $ 500 million a week on projects to host the World Cup in 2022.

Ali Shaaref Al Amedi said the amount covered the expenditure on stadiums and other projects, including roads, a new airport and hospitals. The expenses, according to which, will continue at the same rate over 2021.

“We spend close to $ 500 million a week on projects,” El Amedi told the Associated Press news agency. “And we will continue with this for at least 3-4 years, so that we will meet the goals and be ready for 2022”
He added: “Ninety percent of the contracts of 2022 have already been signed, this does not mean only stadiums, we are talking about roads, railways, ports, airports, all the jobs started, even hospitals. We want to look like we’re still painting the place when people start coming to the country. ”
“Al-Amedi added that the World Cup in 2022 would be” the most expensive of all time, “but added that the spending, which speaks of an increase of about $ 200 billion in total, is about a fundamental revolution in the country, And falling prices of gas and oil because it is separated by a special fund for the World Cup.

He added that Qatar was “very comfortable” with oil prices that had fallen since 2014.

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