National Planning Council takes part in One Planet Sovereign Wealth Funds CEO Summit
<p>Doha: The National Planning Council (NPC) participated in the 9th annual One Planet Sovereign Wealth Funds (OPSWF) CEO Summit, hosted by the Qatar Investment Authority (QIA) in Doha on Oct. 20 and 21 under the theme "Capital Across Generations" bringing together 51 members managing assets worth more than USD 48 trillion.</p> <p>In his remarks, President of the Civil Service and Government…
Doha - The National Planning Council (NPC) took part in the 9th annual One Planet Sovereign Wealth Funds (OPSWF) CEO Summit in Doha on October 20-21, themed "Capital Across Generations." The summit convened 51 sovereign wealth fund managers overseeing assets exceeding USD 48 trillion.
President of the Civil Service and Government Development Bureau and Secretary-General of the NPC, Dr. Abdulaziz bin Nasser bin Mubarak Al Khalifa, emphasized that Qatar's national vision and development strategies are united efforts to deliver progress to future generations. He highlighted that the Third National Development Strategy (NDS3) 2024-2030 serves as the final phase of strategies tailored to realize the vision, even considering the horizon beyond 2030.
Two primary objectives of NDS3 include attaining a 2% annual productivity growth rate and accumulating USD 100 billion in net foreign investment.
The strategy leverages Qatar's status as a major global energy supplier and leading producer of liquefied natural gas (LNG), while fostering new sectors to spur growth and advance economic diversification. During the summit, Dr. Al Khalifa discussed how Qatar's response to regional challenges showcased the nation's resilience. Despite facing difficulties, essential services remained uninterrupted, the non-hydrocarbon economy sustained growth, the country retained its high sovereign credit ratings, and foreign direct investment stocks continued to rise.
Dr. Al Khalifa stressed that these strengths were not a consequence of the crisis but were revealed through it.
As a key player in the strategy's implementation, the NPC supports its execution through the National Statistics Center, offering dependable and internationally comparable data. Additionally, the NPC employs strategic foresight to assess the potential outcomes of current decisions against various future scenarios. Dr. Al Khalifa concluded by emphasizing that the NPC's role extends beyond managing current assets to ensuring future generations inherit expanded opportunities, enhanced resilience, and a robust foundation for their future.
Written by urgent.news from The Peninsula Qatar's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
