Page 48 - QBG
P. 48
Investment in Qatar
Economic Institutions and Organizations :
The Supreme Council For Economic Affairs and Investment :
The council generally concerned with all the issues related to the economy, energy and investment
of the state’s financial reserves.
The council is charged with the following tasks:
• To lay out the State’s general policies in terms of economy, finance, trade and energy affairs,
and approve necessary plans for execution and follow up.
• To coordinate among ministries and government authorities, institutions , organizations and
public companies stated on previous item to achieve integration in service of public interest.
• To outline the general principles to be observed in preparing and implementing the state’s
developmental plans.
• To approve the State’s financial and monetary policies and set priorities of public expenditure.
• To determine the principles that should be adhered to in preparing the general budget of the
state and budgets of the public institutions, organizations and companies to achieve desired
goals.
• To approve projects of utilizing the natural resources in the country and the industrial and eco-
nomic projects operated by the state, institutions, organizations or public companies.
• To lay out the general principles for trade policies on local and international level to ensure
internal trade development and enhance trade exchange and maximize its proceeds.
• To draw out the necessary policies to diversify the economic base and increase public revenue
sources.
• To outline policies, standards and criteria that have to do with the privatization of the public
projects and set their priorities
• To approve policies that enhance the private sector to increase its contribution to the economic
activity and development.
• To identify policies and procedures that should be taken to encourage national and foreign
investment and designate reasonable incentives in this regard.
• To follow up global economic changes and their potential impacts on the national economy,
and take necessary actions to utilize their positive aspects and ward against their negative effects.
• To identify the framework that ensure the support of trade and economic cooperation locally
and internationally.
• To identify goals need to be achieved by investing the state’s financial reserves with the State’s
general strategy.
• To lay out long term policy to invest the state’s financial reserves and annual programs for that
investment
• To follow up the execution of investment programs and assess their outcomes on regular basis.
Official Sponsor 47Qatar Business Guide
2016 - 2017

