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QNA
Doha
Minister of Commerce and Industry HE Ali bin Ahmed Al Kuwari affirmed that Qatar National Day is an occasion to celebrate the huge and honorable achievements thanks to the vision of the wise leadership and a milestone for maintaining the values of solidarity, unity and patriotism, which were established by the founder Sheikh Jassim bin Mohammed bin Than. The founder laid the foundation for establishing the State of Qatar that turned the State into a cohesive society and a united and independent country.
In an exclusive statement to the Qatar News Agency (QNA) on the occasion of the National Day, the minister said the slogan of the National Day this year “We praise you, the Lord of the Throne”, is taken from poetic verses from the founder of the State of Qatar. The leaders and sons of the country who were raised in the spirit of what the slogan signifies believed that the path of victory could not be achieved except with determination, patience and making massive sacrifices with the help of God Almighty.
The minister explained that the leaders of the State, since its establishment, have exerted everything that would raise the country and its people, and the State of Qatar today has become a civilized, developmental and economic model to be emulated.
He pointed out that Qatar has pursued inspiring development policies that ensure self-reliance, cooperation and international openness as strategic principles to raise various regional and global challenges, especially the economic repercussions of the global COVID-19 pandemic.
He stressed that Qatar, thanks to the guidance of its wise leadership, has demonstrated its ability to deal with one of the most difficult challenges by adopting a flexible strategy that places the health and safety of citizens and residents at the top of its priorities and has directed an important part of its efforts to preserve the strength and durability of its national economy.
The minister said the country has moved forward towards continuing its march to achieve Qatar National Vision 2030, as it adopted an inspiring model in crisis management by adopting integrated mechanisms and procedures that ensured the sustainability of the economy and business continuity and enabled recovery and restoration of growth within a record period.
Qatar succeeded in maintaining its credit rating, with the testimony of studies conducted by international institutions for 2020 that unanimously affirmed the country’s high credit rating and confirmed the stable future outlook for its economy, Kuwari added, indicating in the same context that the IMF confirmed in its latest reports on promising prospects for the Qatari economy, which is expected to achieve growth of 3 percent between 2021-2022.
He noted that these economic indicators translate the speedy measures taken by the State, which balanced between strengthening the immunity and integrity of financial and banking markets and the general budget on the one hand, and supporting the private sector on the other.
In this regard, the minister said Qatar allocated about QR75 billion in financial and economic incentives to private sector enterprises, including small, medium and micro-enterprises, which contributed to reducing their burdens and encouraging them to maintain the continuity of their business under the current circumstances.
Regarding the role of the Ministry of Commerce and Industry during the pandemic, the minister explained that the ministry, in turn, was keen to accelerate the response to the repercussions of COVID-19 and to organize commercial and industrial activities in accordance with the procedures and measures adopted to limit the spread of the pandemic and protect the health and safety of citizens and residents. Necessary decisions and circulars were issued to stop some commercial activities and then the restrictions imposed on these sectors were gradually lifted in line with the stages set by the Supreme Committee for Crisis Management, the minister pointed out, adding that in parallel with this, an important set of awareness-raising campaigns about sound business and health practices were launched to intensify inspection campaigns on various commercial activities in the country.
He confirmed the ministry’s direction, through the committee concerned with studying and addressing the private sector’s obstacles, towards coordinating cooperation with the various concerned government agencies in order to approve a set of exemptions in support of the private sector, such as canceling the rental value of industrial land for a period of 6 months for factories in the Small and Medium Enterprises Zone and Mesaieed, in addition to exempting operating factories from paying electricity and water fees for a period of 6 months.
He pointed out that an important qualitative leap had been achieved in the path of supporting national companies, referring to the role of the recently issued Public-Private Partnership Law (PPP law) in framing the contribution of private sector institutions and motivating them to participate in the implementation of the country’s major development projects, especially projects related to the 2022 FIFA World Cup organization.
The minister affirmed that the ministry will continue to work to raise all challenges that would face the various components of the private sector and support them in the economic recovery phase from the pandemic and direct them towards priority economic sectors based on technology, scientific research and development as they are considered the locomotive of the national economy towards achieving Qatar National Vision 2030.
Kuwari extended congratulations to HH the Amir Sheikh Tamim bin Hamad Al Thani, HH the Father Amir Sheikh Hamad bin Khalifa Al Thani and HH the Deputy Amir Sheikh Abdullah bin Hamad Al Thani, expressing honor in renewing the covenant and loyalty to HH the Amir and determination to serve the State.
Doha
Minister of Commerce and Industry HE Ali bin Ahmed Al Kuwari affirmed that Qatar National Day is an occasion to celebrate the huge and honorable achievements thanks to the vision of the wise leadership and a milestone for maintaining the values of solidarity, unity and patriotism, which were established by the founder Sheikh Jassim bin Mohammed bin Than. The founder laid the foundation for establishing the State of Qatar that turned the State into a cohesive society and a united and independent country.
In an exclusive statement to the Qatar News Agency (QNA) on the occasion of the National Day, the minister said the slogan of the National Day this year “We praise you, the Lord of the Throne”, is taken from poetic verses from the founder of the State of Qatar. The leaders and sons of the country who were raised in the spirit of what the slogan signifies believed that the path of victory could not be achieved except with determination, patience and making massive sacrifices with the help of God Almighty.
The minister explained that the leaders of the State, since its establishment, have exerted everything that would raise the country and its people, and the State of Qatar today has become a civilized, developmental and economic model to be emulated.
He pointed out that Qatar has pursued inspiring development policies that ensure self-reliance, cooperation and international openness as strategic principles to raise various regional and global challenges, especially the economic repercussions of the global COVID-19 pandemic.
He stressed that Qatar, thanks to the guidance of its wise leadership, has demonstrated its ability to deal with one of the most difficult challenges by adopting a flexible strategy that places the health and safety of citizens and residents at the top of its priorities and has directed an important part of its efforts to preserve the strength and durability of its national economy.
The minister said the country has moved forward towards continuing its march to achieve Qatar National Vision 2030, as it adopted an inspiring model in crisis management by adopting integrated mechanisms and procedures that ensured the sustainability of the economy and business continuity and enabled recovery and restoration of growth within a record period.
Qatar succeeded in maintaining its credit rating, with the testimony of studies conducted by international institutions for 2020 that unanimously affirmed the country’s high credit rating and confirmed the stable future outlook for its economy, Kuwari added, indicating in the same context that the IMF confirmed in its latest reports on promising prospects for the Qatari economy, which is expected to achieve growth of 3 percent between 2021-2022.
He noted that these economic indicators translate the speedy measures taken by the State, which balanced between strengthening the immunity and integrity of financial and banking markets and the general budget on the one hand, and supporting the private sector on the other.
In this regard, the minister said Qatar allocated about QR75 billion in financial and economic incentives to private sector enterprises, including small, medium and micro-enterprises, which contributed to reducing their burdens and encouraging them to maintain the continuity of their business under the current circumstances.
Regarding the role of the Ministry of Commerce and Industry during the pandemic, the minister explained that the ministry, in turn, was keen to accelerate the response to the repercussions of COVID-19 and to organize commercial and industrial activities in accordance with the procedures and measures adopted to limit the spread of the pandemic and protect the health and safety of citizens and residents. Necessary decisions and circulars were issued to stop some commercial activities and then the restrictions imposed on these sectors were gradually lifted in line with the stages set by the Supreme Committee for Crisis Management, the minister pointed out, adding that in parallel with this, an important set of awareness-raising campaigns about sound business and health practices were launched to intensify inspection campaigns on various commercial activities in the country.
He confirmed the ministry’s direction, through the committee concerned with studying and addressing the private sector’s obstacles, towards coordinating cooperation with the various concerned government agencies in order to approve a set of exemptions in support of the private sector, such as canceling the rental value of industrial land for a period of 6 months for factories in the Small and Medium Enterprises Zone and Mesaieed, in addition to exempting operating factories from paying electricity and water fees for a period of 6 months.
He pointed out that an important qualitative leap had been achieved in the path of supporting national companies, referring to the role of the recently issued Public-Private Partnership Law (PPP law) in framing the contribution of private sector institutions and motivating them to participate in the implementation of the country’s major development projects, especially projects related to the 2022 FIFA World Cup organization.
The minister affirmed that the ministry will continue to work to raise all challenges that would face the various components of the private sector and support them in the economic recovery phase from the pandemic and direct them towards priority economic sectors based on technology, scientific research and development as they are considered the locomotive of the national economy towards achieving Qatar National Vision 2030.
Kuwari extended congratulations to HH the Amir Sheikh Tamim bin Hamad Al Thani, HH the Father Amir Sheikh Hamad bin Khalifa Al Thani and HH the Deputy Amir Sheikh Abdullah bin Hamad Al Thani, expressing honor in renewing the covenant and loyalty to HH the Amir and determination to serve the State.
