Minister of Finance Highlights Qatar’s Strategic Economic Approach at IMF, World Bank Meetings

Washington: HE Minister of Finance Ali bin Ahmed Al Kuwari took part in the Spring Meetings of the International Monetary Fund and the World Bank Group, participating in a session titled "Governors Talk: Qatar - Turning Shock into Strategy: Fiscal Policy and Long-Term Growth in Qatar."

According to Qatar News Agency, during the session, HE the Minister outlined Qatar's strategic response to the economic impacts of regional conflicts, emphasizing the country's strong macroeconomic management and robust sovereign reserves. He highlighted the ongoing reform program under the Third National Development Strategy, which has positioned Qatar well to manage short-term economic challenges and necessitated a comprehensive government response to recent regional developments.

In his address, HE Ali bin Ahmed Al Kuwari underscored Qatar's advocacy for de-escalation and peaceful resolutions, stressing the importance of maintaining global trade routes and energy security. He reaffirmed Qatar's dedication to energy market stability and its role as a reliable global economic partner. The Minister elaborated on Qatar's integrated policy measures designed to strengthen fiscal stability, enhance financial system resilience, ensure production continuity, and bolster national capacity against economic shocks.

Concluding his remarks, HE Al Kuwari emphasized Qatar's fiscal policy approach, which balances immediate stability with long-term sustainability. This approach is anchored in good governance and transparency, with a focus on re-prioritizing expenditure to support fiscal stability and sustainable growth.

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