Qatar spent 500 million dollars per week in World Cup

Among the projects that Qatar planned are the construction of new stadiums, motorways, railways and airports. | Photo: EFE

The Minister of Finance of Qatar, Ali Shareef al – Emadi, announced this Tuesday that the host country of the World Cup in 2022, performs an expenditure of $ 500 million a week, to put the nation in the face of the sporting event.
In addition, the Minister said that this powerful investment will continue uninterruptedly until the year 2021.
> The Qatar 2022 World Cup workers are demanding better working conditions “we spend about 500 million dollars per week in major projects and that will continue for the next three or four years in order to achieve our objective, which is none other that being prepared for 2022″, told journalists at a press conference.
In this way, the oil power be disbursed around 200 billion dollars to organize the World Cup.
“90 percent of the contracts have already been awarded, and this does not include only stadiums, also are going to build highways, railroads, airports…” Real infrastructure, hospitals and everything else”, said Al – Emadi.

International | Qatar spends $500 million a week facing the 2022 world – news facts (@NoticieroHechos) February 8, 2017 with the expenditure estimated for the completion of this event, the Qatar World Cup could become the most expensive in history.  Questioned on this subject, the Minister replied: “if we take into account only the construction of stadiums, won’t be the most expensive World Cup history”.
Similarly, Al – Emadi said that it is investment is out of danger that budget deficit is concerned, although the country has experienced problems in this regard recently, due to fluctuations in the price of oil. In this respect, Qatar suffered its first budget deficit in 15 years, which was encrypted by more than 11,200 million euros in 2016.