Qatar Announces 60 Million USD Financial Contribution to Doha Programme of Action

341

Addis Ababa March 6/2023/ENA / Sheikh Tamim ibn Hamad Al Thani, Emir of Qatar announced a 60 million USD financial contribution to Doha Programme of Action (DPoA) during his keynote opening address at the Fifth UN Conference on the Least Developed Countries (LDC5) in Doha. 

Recall that the five days LDC conference kicked off on Sunday in Doha, with the objective to mobilize international community's commitments towards the implementation of the Doha Programme of Action for the LDCs (2022-2031) adopted by the UN General Assembly in April 2022.

In his keynote address at the conference, the Qatar’s Emir announced a 60 million USD financial contribution to Doha Programme of Action (DPoA).  

The Emir said 10 million US dollars will be allocated for supporting the implementation of the Doha Programme of Action activities for the LDCs.

Sheikh Tamim further stated some 50 million USD will be allocated for supporting the intended outcomes of the Doha Programme of Action and building resilience potential in the LDCs.

Doha Programme of Action, the landmark roadmap adopted in March 2022 aimed at, among others, creating new commitments and broad partnerships towards achieving the Sustainable Development Goals (SDGs) – includes an online university, a food stockholding system, and an international investment support centre. 

“We are confident that this conference will contribute to supporting the least developed countries’ march towards achieving development therein for the next ten years,” the Emir noted.

The Gulf state’s leader reiterated the need for international solidarity in combating crises worldwide.

The Emir also addressed food security challenges, climate change, energy and debt crisis, saying developed countries have the “moral obligation” in seeking solutions to them.

“There is a moral obligation incumbent upon the rich and developed countries to contribute more to assist the least developed countries to overcome the global challenges we are now dealing with,” he noted.

Commenting on the food security crisis, the Emir stressed the need for long-term solutions for the issue.

The Fifth UN Conference on the Least Developed Countries (LDCs) has brought together 4,000-5,000 participants at the Qatar National Convention Centre.

Over the next days in Doha, government leaders and other stakeholders are set to assess the implementation of the Istanbul Programme of Action, adopted at a precursor UN conference held in Türkiye in 2011, and mobilise additional international support and action for the world’s 46 least developed countries.

 

 

Ethiopian News Agency
2023