QFFD foreign aid hikes 33% in 2017

Mubasher: Foreign aid provided by Qatar Fund for Development (QFFD) has witnessed a 33% year-on-year increase to $674 million in the full-year 2017. 

“Qatar’s extensive foreign aid programs are increasing in scope and reaching across the world,” Qatar's Government Communications Office (GCO) said.

This includes Qatar’s recent pledge of securing $5 million to victims of the recent floods in Kerala, India.

“Qatar Fund for Development’s mission is influenced by Qatar’s steadfast commitment towards spreading hope, and promoting peace and justice through sustainable and inclusive development,” Khalifa bin Jassim Al Kuwari, director general of QFFD, commented.

Under the fund’s initiative, millions of children in India and Bangladesh are to get back their eyesight.

Moreover, the fund has inked a $3 million agreement with the World Food Program (WFP) in an effort to help displaced people in Iraq on the sidelines of the Aid and Trade Conference in London.

The GCC nation’s fund has also signed a $2m agreement with the United Nations (UN) Humanitarian Coordinator to help emergency relief efforts in Afghanistan.

Mubasher Contribution Time: 26-Aug-2018 11:26 (GMT)
Mubasher Last Update Time: 26-Aug-2018 11:31 (GMT)