Qatar's gdp is just 146 billion dollar . But the cost to organize world cup 2022 is projected to be 220 billion dollars. It's just impossible to imagine for me. I don't think qatar gets imf bailout or other loans for such irrational extravaganza. How is qatar funding it then?
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3$\begingroup$ I own a flat that costs more than my yearly salary too. I think it is pretty clear how I could buy it? Did you mean to ask why they would host such an expensive world cup? $\endgroup$– GiskardCommented Aug 10, 2022 at 9:31
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$\begingroup$ Why would Qatar need an IMF bailout? Qatar's Debt to GDP is comparatively low and has a budget surplus at the moment. I second @Giskard. While government revenue is a fraction of GDP it seems to be about 36% of GDP in Qatar according to Wikipedia. The 220b are not spent in a year, and I wish my flat would be as cheap as this (compared to my income). $\endgroup$– AlexCommented Aug 10, 2022 at 22:46
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$\begingroup$ If it is a smart investment is a different story, but likely opinion based. In general, it is a lot of infrastructure investment as well, not just air-conditioned stadiums. $\endgroup$– AlexCommented Aug 10, 2022 at 22:48
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