The Ministry of Finance was created on 5/11/1960 according to the Emiri Decree. On 18/2/1962 Law No (2) of 1962 was issued to regulate the public financial policy in Qatar.
Objectives
Ministry of Finance works to achieve the following objectives of the financial plan:
Achieve the balance between public expenditure and public revenues.
Reduce the size of the public debt and improve cash flow.
Strengthen the state's financial reserves.
Continuing to invest the country's main resource of oil, gas and petrochemicals, with a focus on increasing domestic economic integration.
Continue to develop infrastructure construction and basic services of education and health to accommodate the expected expansion in service activities and productivity.
Encourage the private sector to industrial investments.
Privatize part of the petrochemical, fertilizers, iron and steel industry.
Improve government performance by implementing E-Government.