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Qatar supports Lebanon with $500m

قطر تدعم لبنان بمبلغ 500 مليون دولار

Paris: The State of Qatar has announced the provision of $500m in the form of concessionary loan and investments in support of Lebanon during the Cedar Conference to support the process of economic development in Lebanon which began yesterday in Paris.

The State of Qatar participated in this economic conference with a delegation headed by Secretary-General of the Ministry of Foreign Affairs H E Dr Ahmed bin Hassan Al Hammadi.

About 40 countries and international organisations, as well as the private sector, participated in Cedar Conference to support the plan prepared by the Lebanese government to promote investment, especially in infrastructure projects in the country.

The Secretary-General of the Ministry of Foreign Affairs said in a speech at the conference that the State of Qatar has a principled and consistent position on the issues of development partnerships in the Arab region, noting its continued contribution to providing all forms of support that can contribute to the sustainability of development in the countries of the region.

He said that the State of Qatar has always been calling for the necessary support to Lebanon and its people, pointing out that Qatar contributed to rebuilding entire villages following the Israeli aggression on Lebanon in 2006, and also built the infrastructure and reconstruction of churches and mosques destroyed by that brutal war, adding that Qatar continues to support this through various packages of investment in Lebanon, and the provision of economic and humanitarian assistance that helps to enable this country to overcome the difficulties it is going through.

Dr Al Hammadi said that the recent economic reforms undertaken by the Lebanese government, the restructuring of the economic structures and the setting of priorities for the growth processes praised by the International Monetary Fund are a catalyst for all countries of the world and international and Arab financial and economic institutions to increase their support for the Lebanese new economic path.

He also stressed that “the State of Qatar will contribute significantly to support the new Lebanese economic plan, to reiterate its firm position in support of Lebanon so that it can achieve the desired development, and will look positively at the mechanisms and facilities provided.”

“We are aware of the importance of political and social stability in Lebanon in the stability and security of the whole region. We sincerely call on all participants in this conference to support the development plan in this country, and we hope that this important conference will produce the desired results, and that Lebanon receive the support it deserves,” Dr. Al Hammadi added.

Dr Ahmed bin Hassan Al Hammadi also referred to the wide economic difficulties faced by Lebanon during the last few years due to the political crises and armed conflicts in the region, which created continuous pressures on its economy and has directly affected the rates of economic growth and lack of social services and availing favorable environment to create effective economic policies that would enable it to increase economic growth and achieve development in all its fields, and in particular social development, which was the mainstay of political stability and social harmony.

The Secretary General of the Ministry of Foreign Affairs thanked the French government for organizing the Economic Conference for Development in Lebanon and for its sincere interest in the stability and advancement of the country.

He said that the French government has remained steadfast in its friendship with Lebanon and all Arab countries . “We are deeply aware of this positive and constructive role on all issues of concern to the countries of the region, especially economic partnerships and support for the development process,” he concluded.

أعلنت دولة قطر عن تقديم مبلغ 500 مليون دولار في شكل قرض ميسر واستثمارات دعماً للبنان، وذلك خلال المؤتمر الاقتصادي من أجل التنمية في لبنان “سيدر” الذي انطلق اليوم في العاصمة الفرنسية باريس.

وقد شاركت دولة قطر في هذا المؤتمر الاقتصادي بوفد ترأسه سعادة الدكتور أحمد بن حسن الحمادي الأمين العام لوزارة الخارجية.

جدير بالذكر أن نحو 40 دولة ومنظمة دولية، بالإضافة إلى القطاع الخاص شاركوا في مؤتمر “سيدر” لدعم الخطة التي أعدتها الحكومة اللبنانية لتعزيز الاستثمار خاصة في مشروعات البنية التحتية بالبلاد.

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