Analysis

Qatar Fund for Development Releases 2018 Annual Report

On Monday, the Qatar Fund for Development released its 2018 annual report. The report documents $585 million in projects in education, healthcare, economic empowerment, infrastructure, and humanitarian relief in 70 different countries.

QFFD structures its grants in coordination with other organizations and donors, allowing it to mobilize billions of dollars of funding in total. Some of the projects QFFD supported in 2018 include the following:

$52 million to support healthcare, housing and vocational training in Syria and for Syrian refugees in Jordan, Lebanon, and Turkey.

$30 million supporting relief and reconstruction following Hurricane Harvey, including $5 million to the Rebuild Texas Fund, $1.2 million to the YMCA of Greater Houston, $3.2 million in scholarships for students affected by the hurricane, $6 million dollars for the “Qatar Veterans Fund” in partnership with the Bob Woodruff Foundation, and more.

$3.5 million in support of healthcare and shelter for Rohingya refugees in Bangladesh, in coordination with the UN High Commissioner for Refugees and local NGOs.

$8 million supporting healthcare projects in Libya, benefiting 600,000 people.

$6.5 million in healthcare projects in Yemen, supporting 680,000 people.

$75 million in emergency response aid to Gaza, as well as $50 million in support to the UN Refugee and Works Agency

 

At the unveiling of the report, the Director General of Qatar Fund for Development (QFFD), H.E. Khalifa bin Jassim Al-Kuwari stated that  from 2015 till May 2019, the total aid amounted to QR 8.15 billion, which equates to US$ 2.24 billion.  The previous year (2018) the Fund’s assistance reached $585 million, with 206.7 million in in humanitarian aid and US$ 378.6 million in development assistance.

Mr. Al Kuwari also added that “This aid was distributed geographically among 70 countries around the world. The total value of aid to Arab countries amounted to $451.8 million, whereas the aid to Africa totaled to $64 million, Asia $28.5 million and $17.9 million was disbursed in aid to North and South America. In terms of international and multilateral organizations, the amount of assistance provided for core funding has reached $20.1 million.”

 

Speaking about the Fund’s work, Mr. Al Kuwari noted: “The Fund’s work is focused on empowering people through the promotion of education, health and economic development. This is visible in the increase in the annual allocations of these sectors which reflects our belief that these sectors serve as the foundation for human and economic development and a gateway for achieving peace and justice.

Some of the organizations QFFD either supported or worked with include: The Global Fund to Fight AIDS, Tuberculosis and Malaria; The UN Educational, Scientific and Cultural Organization (UNESCO); The World Health Organization; and the UN Children’s Fund (UNICEF).

 

 

 

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