Nearly two-quarters of the 2022 World Cup projects have been completed, Finance Minister, Ali Shareef al Emadi said.
"Sixty-five percent of the World Cup projects have been implemented and the rest will be completed in two to three years," he said.
"Under the directives of the Prime Minister, to accelerate the implementation of projects, we opened more roads, projects and infrastructure during the six months under the siege, more than the first six months this year," he said, referring to the Saudi-led blockade imposed on Qatar in Jun.
Talking about the blockade, Emadi said, the standoff was hurting both sides.
"This is a losing game for all of us. I don't think this is helping the region."
However, he denied it had hurt the Qatari economy, saying, it could even be a"turning point" for the country.
"Whatever problems that those [blockading] countries were trying to make for Qatar were unsuccessful, and Qatar is still one of the fastest growing economies in the region, and the good news is that, most of that growth is coming from the private sector and not the hydro-carbon sector that this region is used to."
The efforts to undermine Qatar's economy were designed to disrupt the World Cup, which Qatar is slated to host in 2022. The finance minister said, there was no good reason for the blockade.
"Tell me what is the dispute between Qatar and the other blockade countries?" he asked. "What is the dispute between Qatar and the other GCC (Gulf Cooperation Council) countries? We're not fighting over borders, we're not fighting on customs, trade or immigration."
Emadi said, "If there was a target for the Qatari economy and for the local currency, we do not know its reasons, but if it is intended to target Qatar's hosting of the World Cup, I will confirm it will not work.
Source: NAM News Network