Fall in oil prices will not effect Qatar's growth
A fall in oil prices will not affect development efforts in Qatar, Gulf Times has reported, quoting HE Dr Saleh Mohamed Saleh al-Nabit, the Minister of Development Planning and Statistics.
He said changes in oil prices take place from time to time and these are expected. For this reason, he added, Qatar implemented the basic principle of sustainability when it devised the development plan and that Qatar’s vision for the future would not be affected by such temporary changes, the report stated.
Qatar focuses on the sustainability of development and the plan can be implemented no matter what the circumstances are, the minister said.
Speaking at a press conference on the sidelines of a workshop held by the ministry, he said any economic development has environmental repercussions and the most important aspect in this regard is to limit the negative impact accelerated economic growth may have on the environment.
The minister stressed that there is constant coordination between his ministry and other ministries through joint committees, the report added.
Liwa ........... Correct ......................... Sun , 19.10.2014, 08.35 hrs
sustainable development is still a dream in Qatar , Qatar in awkward situation in Food production still depends Oman , Saudi , Jordan for basic needs. The upcoming situation will be Food prices will be high and Oil prices going down.
Please do change header "effect" into affect - Fall in oil prices will not affect Qatar's growth