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National Economic Strategy

Managing the ongoing economic development of Qatar remains a priority for the country as
it continues to experience a period of unprecedented growth. Qatar National Vision 2030
outlines three broad and interrelated goals which will guide international and domestic
policy-making in the decades to come :

• Maintain a high standard of living for all Qatari citizens.
• Promote and expand domestic capacity for innovation and entrepreneurship.
• Align economic outcomes with economic and financial security
• To work towards these goals, the National Economic Strategy 2011-2016 is beginning a
number of projects which will initiate Qatar’s transformation into a more sustainable and
prosperous economy.

To meet the above goals, the next five years will involve progress in a number of related initiatives:
Boosting the value of Qatar’s productive base.
Enhancing economic stability.
Improving technical efficiency.
Fostering economic diversity.
Boosting Value of Productive Base

“Productive base” refers to the total value of an economy’s resources, institutions, infrastructure
and workforce: the stronger and more stable a country’s productive base is, the more opportunities
are available for its citizens at all levels of society.

Currently Qatar’s economy is based predominantly on its oil and natural gas resources. Minus
hydrocarbon revenues, however, the country is running a deficit of 9.2% as of 2009. Though
this number is shrinking, transitioning the economy to a more robust model not pegged to the
fluctuations of the global energy market will be a major priority in the coming years.

Key to maintaining Qatar’s economic strength will be the development of a national investment
framework that will both ensure that Qatar’s hydrocarbon assets are being used in a meaningful
way, and seek out new investment opportunities in areas such as foreign currency reserves.
Enhancing Economic Stability

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2016 - 2017