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Qatar's economy strong & cohesive: Minister

Qatar's economy strong & cohesive: Minister


QNA
New York
Qatar's economy is capable of overcoming the challenges of the blockade and will continue to propel the development process towards achieving the goals of the global sustainable development agenda 2030, Minister of Development Planning and Statistics HE Dr Saleh bin Mohammed al Nabet has said.
œThe economy of Qatar is strong and cohesive and capable of overcoming the challenges of the blockade it is facing,  Nabet said while presenting the second national voluntary review of Qatar during the High-Level Political Forum (HLPF) on Sustainable Development.
The minister pointed out that the economic growth rate of the country reached about 1.6 percent in 2017.
œQatar's GDP per capita is the highest in the world, reaching $127,000 a year in 2017 (PPP at current prices). Qatar is also the top Arab country in the 2016 Human Development Index of the United Nations Development Programme,  he added.
The minister said average life expectancy was 78 years, and the infant mortality rate was about 7 per thousand.
The minister also indicated that the literacy rate for adults rose to 97.8 percent and the rate of tertiary enrollment increased to 16 percent in 2017.
He said Qatar is placed 14th on the World Competitiveness Ranking of the International Institute for Management Development for 2018.
Qatar has been the top Arab country in the Global Peace Index since 2009, he said, adding that it ranks 29th in the Index of Economic Freedom and 49th in the Global Innovation Index.
He stressed that Qatar believes, as the Amir HH Sheikh Tamim bin Hamad al Thani has said that development and stability were interdependent, and that development cannot be sustained without good governance, the rule of law, check on corruption, achieving social justice, equality, and avoiding the marginalization of any group.
Presenting the achievements of Qatar in the development of the 2030 Agenda for Sustainable Development, he highlighted Qatar's efforts in sustainable management of water and sanitation services, providing it to all residents of the country, in addition to the country's efforts to ensure affordable access to reliable and sustainable modern energy services, while increasing the contribution of renewable energy to the overall energy mix of the country.
He pointed out that the country is working to establish safe and sustainable cities and suburbs and that it works to ensure sustainable patterns of consumption and production.
The minister stressed that Qatar contributes to enhancing the means of implementation and activating the Global Partnership for Sustainable Development by hosting several international conferences on the subject.
He said Qatar remains a strong and reliable partner in achieving international peace and security. Qatar will continue its development path relying on science, he added.

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