Qatar has cut its government ministries' budgets by up to 30% and reduced foreign aid funding by approximately 85% in response to damages incurred during the US-Iran war, the Financial Times reports. The cuts reflect the economic toll of the conflict on the Gulf state.
The Financial Times reported Sunday that Qatar has cut its government ministries' budgets by up to 30% and reduced foreign aid spending by approximately 85% as a direct result of damages sustained during the US-Iran war. The cuts represent a significant fiscal contraction for the Gulf emirate, which has traditionally wielded its wealth as a diplomatic tool. Qatar hosts the US Combined Air Operations Center (CAOC) at Al Udeid airbase and has been a central mediator in regional conflicts. The FT report did not specify the extent of the physical damage Qatar suffered, but the cuts suggest the war has placed considerable economic strain on Doha. The reduction in foreign aid—by nearly six-sevenths—is particularly notable given Qatar’s role as one of the world's largest aid donors per capita.
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