Al-Raya: Qatar's Wise Leadership Attaches Great Importance to Economy, Investment

Doha, June 15 (QNA) - In its editorial Wednesday, Al-Raya newspaper affirmed that the economic and investment file is a top priority for the wise leadership. The paper pointed out that the State's leadership has always given great importance to this important file, noting that maintaining and strengthening Qatar's economic leadership has always been at the heart of Qatar's strategy and its National Vision 2030. The newspaper underlined HH the Amir Sheikh Tamim bin Hamad Al-Thani, Chairman of the Supreme Council for Economic Affairs and Investment, presiding over the Council's second meeting in 2022, noting the great importance the leadership attaches to the economic file for the country's renaissance and elevation, and for the welfare of its people. The Council reviewed the decisions and recommendations made in the first meeting and the project follow-up report, and discussed the country's economic priorities and took appropriate decisions in their regard, the paper said. The newspaper stressed that the State of Qatar has accomplished a lot in order to achieve sufficiency in many strategic sectors, especially food, and has adopted a pioneering approach that raises local production and strategic stockpile of many vital sectors. Agriculture, livestock and fish production was among the topics listed on the Council's agenda, the paper said, pointing out that the National Food Security Strategy is proceeding as specified, and a lot has been accomplished in this field. Qatar is increasingly focusing its attention on local production projects of vegetables, livestock and fish, and the most important plans and stages of raising the strategic food stock, the paper added The telecommunications and information technology sector, in addition to the presentation on the approvals of licensing requirements and commercial practices, the developments of the Qatar Financial Centre, and also the developments of QatarEnergy and Qatar Investment Authority, were also reviewed during the meeting, the paper said. The daily underscored that Qatari investments abroad are among the strategic files, as they began to expand, diversify and enter new promising markets that have a great economic return, noting that Qatar has worked to provide an encouraging investment climate that attracts foreign investments due to the quality and quantity of services that are provided to investors, which contribute to facilitating procedures related to investment applications, establishment of companies, completing transactions, in addition to the privileges available to owners of international companies and investors in order to enter the Qatari market and expand to the region's markets. In order to attract foreign investment, Qatar has pursued progressive policies and financial and legislative reforms that had a tangible positive impact on the strength of the national economy, and the government has been keen to implement a comprehensive economic program that would consolidate the achievements and gains made by the national economy over the past years, Al-Raya concluded. (QNA)