The State of Qatar, represented by the Ministry of Finance, has signed an agreement with the World Bank Group (WBG) to establish a regional office in Doha. Consequently, this office will serve Qatar while supporting broader initiatives across the region. This agreement aligns with ongoing efforts to strengthen bilateral cooperation and advance economic development across neighboring countries.
Boosting Sustainable Development and Expertise Exchange
The establishment of the WBG office in Doha provides a platform for exchanging technical and financial expertise with multilateral organizations. Moreover, it reinforces Qatar’s commitment to accelerating the implementation of sustainable development programs in line with the Qatar National Vision 2030. By promoting collaboration with leading financial institutions, Qatar positions itself as a hub for economic innovation and sustainable growth in the region.
Enhancing Regional Investment and Economic Growth
In addition, the office highlights Qatar’s role as a regional center for economic and financial development. It emphasizes opportunities for cooperation across multiple economic sectors while promoting high-quality investment prospects within the GCC countries. Furthermore, this initiative aims to support inclusive growth and strengthen the regional investment climate, facilitating long-term economic and development policies for the upcoming phase.
