Qatar allocates 0.7% of its gross national income for assistance
Qatar has set aside 0.7 pe rcent of its gross national income for official development assistance, and the allocation was increased through assistance by bilateral means and via the United Nations and its specialized agencies, Qatar’s permanent representative at the UN said.
“Qatar is carrying out several projects for technical support and capacity-building, including in the energy sector and clean energy, in many developing countries,” Naser Abdul Aziz Al Naser said.
The slowdown in economic growth and the continued uncertainty threatened the efforts made to address the main concerns that had been the focus of international community’s efforts towards achieving human security and reducing poverty and hunger by half by the year 2015, the ambassador told the Annual Ministerial Meeting of the Group of 77 and China on the sidelines of the 65th session of the General Assembly.
“Donor countries should honour the pledges they had made to increase official development assistance and support to the poorest and most vulnerable countries to assist them in achieving the Millennium Development Goals,” he said, quoted by Qatar News Agency (QNA). “The situation in the developing countries makes it inevitable to expand the scopes of their trade and investment activities, and not to tighten the noose around them. Their situation also calls for easing the conditions of grants and loans to them and setting mechanisms to implement promised projects and liberalize trade in an equitable way,” he said.