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Qatar on Wednesday welcomed the decision of the International Monetary Fund (IMF) and the World Bank’s International Development Association to grant debt relief to Somalia under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative.
Qatar said the decision is an important step on Somalia’s path towards stability and prosperity. Qatar congratulated the government and people of Somalia.
A statement by the Ministry of Foreign Affairs said Qatar has been a proud partner
to Somalia’s development efforts in recent
years.
Through development initiatives and infrastructure investments, Qatar has worked with the government and people of Somalia to generate opportunities and employment and create the foundations for future growth and stability, the statement said.
“This momentous decision marks the start of a new era for Somalia. We will continue to stand hand-in-hand with the people of Somalia as they work towards a brighter future,” the statement added. (QNA)
Qatar said the decision is an important step on Somalia’s path towards stability and prosperity. Qatar congratulated the government and people of Somalia.
A statement by the Ministry of Foreign Affairs said Qatar has been a proud partner
to Somalia’s development efforts in recent
years.
Through development initiatives and infrastructure investments, Qatar has worked with the government and people of Somalia to generate opportunities and employment and create the foundations for future growth and stability, the statement said.
“This momentous decision marks the start of a new era for Somalia. We will continue to stand hand-in-hand with the people of Somalia as they work towards a brighter future,” the statement added. (QNA)
