Mubasher: Qatar’s investment and diversification strategy ensures the achievement of growth in the country’s, said Prime Minister Sheikh Abdullah bin Nasser bin Khalifa Al Thani.
The statement came in the Premier’s speech to Euromoney Qatar 2015 that kicked off today in Doha.
The PM added that the Qatari government is reviewing current policies and working on reducing the impact of oil price fall on the national economy.
Meanwhile, Finance Minister Sherif Al Emadi stated that, despite the global pressures, Qatar will register strong financial performance in the coming period, thanks to investment in infrastructure projects, healthcare and education in preparation for the World Cup 2022.
The minister added that the total value of Qatar’s major development projects, excluding those in oil and gas sector, hit QAR 261 billion.
Moody’s Investors Service said earlier that the decline in crude prices would negatively impact public revenues in Qatar, adding that the Gulf-rich state still has ‘solid’ financial assets.
