Qatar: Change in fiscal year
Issue 989
- 19 Mar 2015
| 1 minute read
Qatar has moved its fiscal year-end to 31 December from 31 March, and increased the Ministry of Finance’s powers. Law 2 of 2015, issued on 1 March by Emir Sheikh Tamim Bin Hamad Al-Thani, brings Qatar’s fiscal calendar into line with the other Gulf Co-operation Council states, with the exception of Kuwait, which still runs to end-March.Minister of finance Ali Sharif Al-Emadi said the change was aimed at making government operations more compatible with the private sector and international financial institutions.
Don't have an account?
Register for access to our free content
An account also allows you to view selected free articles and set up news alerts.
Register