Qatar's Amir waives loans for COVID-19 affected companies and proposes short-term financing.

Qatar's Amir, Sheikh Tamim bin Hamad Al Thani, has initiated measures to bolster the private sector, including waiving loans for companies under the National Response Guarantee Program (NRGP) established during the COVID-19 pandemic. The Cabinet will also propose short-term financing for these firms. These actions aim to mitigate economic impacts from the pandemic and support the Third National Development Strategy 2024-2030, promoting sustainable growth.

October 09, 2024
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