On the local front, the newspapers highlighted the implications of the statistics released by the Planning and Statistics Authority yesterday regarding the economic performance and Gross Domestic Product (GDP) in the first quarter of 2023 on the overall performance of the country. Despite the economic downturn worldwide, there are positive expectations for the current year.
They also emphasized the completion of integrated infrastructure projects that provide advanced services and an internal road network aimed at enhancing traffic flow and connecting with public facilities. Additionally, these projects encompass significant initiatives aiming for a qualitative leap in line with international standards.
On the Arab front, the newspapers underscored the escalation of violations by the occupying forces, settler militias, and their terrorist elements, as well as their crimes against Palestinian citizens. Daily life in the West Bank and the occupied territories witnesses daily martyrdoms, as confrontations between Palestinians and the occupying forces intensify, marked by frequent incursions and raids using various means of violence, including live ammunition, tear gas, and more.
In its editorial titled “A leap in Qatari economic indicators,” Al Raya pointed out that the Qatari economy is classified as an emerging economy with consistent growth rates that align with the country’s economic components, spanning the service, industrial, and knowledge sectors. It added that while the world grapples with significant economic pressures accompanied by armed conflicts that escalate into major wars, most vital indicators of the Qatari economy contradict this trend. This is supported by the returns of the energy sector, which have seen a notable increase due to rising demand, particularly in the aftermath of the conflict in Ukraine.
Al Raya also highlighted the positive and direct impact of the FIFA World Cup Qatar 2022 on non-oil sectors. Furthermore, it pointed out that new legislations have invigorated investment activity, particularly from the private sector across all economic sectors. This has created a conducive investment environment facilitated by Qatar’s development of its legislative and legal framework, advanced technological infrastructure, and a skilled workforce capable of dealing with local and global changes and developments.
In its editorial titled “Ongoing massive projects,” Al Watan noted that Qatar’s infrastructure projects are progressing according to the outlined plans. These projects serve as fundamental support for the economic and social development process to achieve Qatar National Vision 2030. The paper added that the projects encompass various initiatives that benefit ports, logistics and industrial zones, as well as local communities in different regions of the country, all according to the highest international standards.
Al Watan explained that these ambitious aspirations for the future have played a crucial role in supporting the social and economic growth of the country. The authorities work on delivering projects that implement the best practices in infrastructure development, prioritizing health, safety, excellence, and capacity development through the execution and management of projects with internal resources. (MORE)
Source: Qatar News Agency