Qatar

PM at Summit of Future: Qatar keen on building diverse, knowledge-based economy

Published: 23 September 2024

H E Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani led Qatar’s delegation at ‘Summit of the Future’ held on the sidelines of 79th UN General Assembly.

Qatar News Agency
New York

The State of Qatar participated on Sunday in the “Summit of the Future,” held on the sidelines of the 79th session of the United Nations General Assembly (UNGA 79) in New York.

Prime Minister and Minister of Foreign Affairs HE Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani led Qatar’s delegation during the summit.

Delivering the State of Qatar’s statement before the summit, HE the Prime Minister and Minister of Foreign Affairs said that Qatar launched in 2024 the third phase of its national development strategy within the framework of Qatar National Vision 2030, keen to build a diversified and sustainable knowledge-based economy by benefiting from the applications of digital technology, science and innovation, and enhancing human development. He noted that it has achieved remarkable successes on the ground, reflecting the effectiveness of the state’s strategic choices.

He also emphasized the State of Qatar’s commitment to international multilateral action. In this regard, he referred to HH the Amir’s pledge of $500m to support the core resources of UN agencies for ten years, the State of Qatar’s announcement during the UN Climate Action Summit in 2019 to allocate $100m to support small island developing states and least developed countries in the Caribbean, Pacific, and Africa regions, and its hosting of the 5th United Nations Conference on the Least Developed Countries (LDC5) in March 2023 and its pledge of $60m to implement development programs in those countries.

His Excellency added that the State of Qatar has pledged this year, in partnership with the International Monetary Fund (IMF), to allocate 20 percent of its Special Drawing Rights holdings, valued at $1bn, to the IMF’s Poverty Reduction and Growth Trust (PRGT) and IMF Resilience and Sustainability Trust (RST), which will enable the fund to expand concessional lending to low-income countries and countries vulnerable to climate shocks. He pointed out that in June, Qatar also launched its Debt Relief for Education Initiative in cooperation with the World Bank.

HE the Prime Minister and Minister of Foreign Affairs said that the State of Qatar is fully convinced that the 2030 agenda and achieving its sustainable development goals require more international and national efforts. Therefore, Qatar participated effectively in all stages of the negotiations on the final document of this summit and its annexes, as an extension of its support for the recommendations of the Secretary-General of the United Nations in his report on “Our Common Agenda,” and its participation in leading the negotiations on the political declaration of the United Nations Sustainable Development Summit held in 2023.

The Summit of the Future, which concludes Monday, is an opportunity to enhance cooperation on key challenges, bridge gaps in global governance, and reaffirm existing commitments, including the Sustainable Development Goals (SDGs) and the UN Charter.

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