Qatar spends USD 500 million a week on the 2022 World Cup
Qatar spends $ 500 million every week for the 2022 World Cup. On Tuesday, the finance minister released this major expense item. Only a few journalists were invited to do so, and were told that these millions were spent in a useful way.
The major investments are being made to improve infrastructure, with a view to the 2022 World Cup in Qatar. Money will be thrown in every week, expected to be in 2021. This brings the total investment to around $ 200 billion.
The investments are not made solely for the football stadiums, but also for roads, railways, airports and ports. Minister Ali Shareef Al-Emadi indicates that 90% of all contracts for work for the World Cup have already been awarded. Qatar is well on its way to have everything ready well in advance of the opening match.
Although the host country has to contend with a substantial budget deficit ($ 12 billion), the minister says that spending on the 2022 World Cup.
Qatar is the first country in the Middle East to organize the World Football Championship. The 2022 World Cup will be the 22nd World Cup ever.
Read all news »Published on: 08-02-2017 20:30 | Updated on: 08-02-2017 20:30 | By: Patrick
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Qatar spends $ 500 million every week on the 2022 World Cup. Major investments are being made to improve infrastructure, such as football stadiums and roads.
About the author of 'Qatar spends USD 500 million a week on the 2022 World Cup'
Author of this content is Patrick. I have been playing soccer for more than 25 years and follow the daily news closely. My hobbies include playing football, running and maintaining various websites, in addition to my job as a financial professional.
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