Qatar plans to launch initiatives to boost private sector growth, including plans to write off some loans to Qatari companies during the COVID-19 pandemic.
The Cabinet called for the preparation and implementation of a package of initiatives to increase the participation of the private sector in the national economy, based on the directives of Emir Sheikh Tamim bin Hamad Al Thani.
The initiatives aim to provide support to private companies struggling to recover from the pandemic and strengthen the private sector as part of the government's plans to diversify the economy, create jobs, and attract investment.