Qatar: Draft Law Limiting the Use of Cash in Transactions Approved

Qatar: Draft Law Limiting the Use of Cash in Transactions Approved News developments

Qatar: Draft Law Limiting the Use of Cash in Transactions Approved

The Peninsula, 15 June 2022: Qatar’s Cabinet has approved a draft law regulating the use of cash in transactions.

It aims to limit the use of cash in some transactions, which exceed a certain amount and to avoid risks related to dealing in some areas.

It has been referred to the Shoura Council to consider.

They also approved a draft law on the protection of victims witnesses, and other cooperating people.

It confirms the importance of providing the necessary protections to groups covered by protection, and in fulfilment of the relevant international agreements.

They also approved Emiri decisions on the organisational structures of Ministries and a draft Ministerial Decision approving 121 regional technical regulations as Qatari technical regulations.

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