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Qatar will hand out significant salary, pension and benefits increases for its state and military employees, the state news agency said, in a move that will cost the Gulf Arab state at least an additional QR30bn ($8.24bn).
The decree by deputy Emir and heir to the Qatari throne Sheikh Tamim Bin Hamad Al Thani will boost basic salaries and social benefits for state civilian employees by 60 percent.
Military staff of officer rank will receive a 120 percent increase in basic salaries and benefits, according to the statement which was released late on Tuesday. Military persons of other ranks will see a 50 percent jump in basic salaries and benefits.
Qatar, the world's richest nation per-capita - more than $88,500 according to the IMF - and host of the 2022 soccer World Cup, has along with the UAE escaped unrest sweeping through the Arab world. Its copious natural gas reserves have quickly elevated it to the list of the world's richest nations.
The total salary increases will amount to QR10bn ($2.75 bln) per year, the statement said. It did not give a reason for the rises.
The decision also ordered a 60 percent pension increase for civilian retirees. Military personnel retirees of officer rank will see a 120 percent hike, with military individuals of other ranks eligible for 50 percent.
The Gulf state will incur QR10bn for the pension fund which will be paid in once and another QR10bn for retirees' subscriptions, the statement said.
As much as I love the UAE, this will be a problem for them in the future. Lets look at this from any democratic Country on Earth. If I decided not to turn... more
Wednesday, 22 May 2013 11:56 AM - Ty SayWell said, at least it is not as propaganda sounding as the UK ambassador in last night's party where my mate adivced me not to throw my shoes at him as... more
Wednesday, 22 May 2013 9:13 PM - goolieWell, don't you know that these were AMERICANS!! The most ignorant nation in the World!!! May God continue to bless America! more
Wednesday, 22 May 2013 4:34 PM - Kazim MuneerAs much as I love the UAE, this will be a problem for them in the future. Lets look at this from any democratic Country on Earth. If I decided not to turn... more
Wednesday, 22 May 2013 11:56 AM - Ty SayLet me put the entire issue in perspective. There are massive traffic problems on the roads of Kuwait, where Kuwait can boast high road fatalities and... more
Tuesday, 21 May 2013 1:28 PM - AbdullahWell said, at least it is not as propaganda sounding as the UK ambassador in last night's party where my mate adivced me not to throw my shoes at him as... more
Wednesday, 22 May 2013 9:13 PM - goolieHappy employees, happy customers. Quite simple actually. 60,000 unhappy staff, well, you do the math on how many unhappy customers can result from poor... more
Monday, 20 May 2013 10:27 AM - Louie TedescoIslam is not better than any other religion, to all the muslims out there, stop putting yourself on a pedestal, you are filled with self importance that... more
Tuesday, 14 May 2013 9:58 AM - graemeAs much as I love the UAE, this will be a problem for them in the future. Lets look at this from any democratic Country on Earth. If I decided not to turn... more
Wednesday, 22 May 2013 11:56 AM - Ty Say
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