Qatar’s Emir has passed a new law that grants additional powers to the country’s finance ministry, giving it more control over the nation’s purse strings as part of a push to bring overspending departments in line.
While Al Emadi did not provide specifics, QNA states that the new law is also aimed at giving the finance department more flexibility to deal with “economic and financial developments” as well as setting “clear boundaries” between government departments.
The impact of the new law, and how the finance ministry would exercise its new powers, remains to be seen, particularly in the absence of new detailed spending plans for the coming year.
Read the full text news in resource site…
Source News: Doha News