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World Bank Managing Director Daboub Acknowledges Qatar's Development Achievements.
M2 PRESSWIRE-7 March 2008-WORLD BANK GROUP: World Bank Managing Director Daboub Acknowledges Qatar's Development Achievements(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:05032008
Qatar -- World Bank Managing Director, Juan Jose Daboub, said he was impressed with Qatar's pace of economic and social development, and its efforts to mobilize investments.
"Qatar is a valued shareholder of the World Bank Group" Daboub said. "We are exploring opportunities where the Qatari Authorities would like to draw on the Bank's capacity to leverage knowledge and best practices from different parts of the world. In addition, we are keen to learn from Qatar's positive experience, and share those lessons with the region and internationally".
Within the context of advancing its global and regional integration, Qatar has a long term vision that aims at economic diversification, job creation as well as facilitating high tech, high value investments. "The Qatari experience in laying the foundation for a knowledge economy offers valuable lessons to many countries in this region and other parts across the world," said Daboub. "At the same time, there are specialized technical areas, including the implementation of Qatar's development strategy, pension reform, and common regional issues, such as strengthening the environmental management of the Gulf, where the World Bank Group could potentially provide technical advice to assist Qatar" he added.
Daboub's visit to Qatar is part of ongoing World Bank Group consultations on strengthening engagement with countries in the Arab World. The "Arab World Initiative" is one of 6 strategic themes announced by World Bank President Robert Zoellick.
Daboub met with the Central Bank Governor and ...
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