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Qatar announces loan waivers and grants to strengthen private sector

The initiatives include loan relief for Qatari companies benefiting from the National Guarantees Program to support the private sector during the COVID-19 pandemic.

The initiatives announced by the Council of Ministers aim to provide short-term financing to support the working capital of Qatari companies that have previously benefited from the National Guarantees Program.

Qatar has unveiled a series of economic initiatives aimed at bolstering the private sector and enhancing its role in the national economy. These initiatives include loan waivers and financing grants, issued under the Amiridirective of Sheikh Tamim bin Hamad Al Thani, according to Al Rai newspaper.

The initiatives announced by the Council of Ministers include loan waivers for Qatari companies benefiting from the National Guarantees Program to support the private sector during the COVID-19 pandemic. Additionally, the initiatives aim to provide short-term financing to support the working capital of Qatari companies that have previously benefited from the National Guarantees Program.




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