DOHA: The Qatar Institute for Public Finance (QIPF) saw its official launch as a collaboration between the Qatar Finance and Business Academy (QFBA), the OECD (Organization for Economic Cooperation and Development) and the Qatar’s Ministry of Finance (MoF), here last week.
Capping the QIPF launch, a media roundtable was held yesterday at the QFBA headquarters, discussing QIPF’s mission to become a Mena hub for knowledge and reform in Public Financial Management via research, training and consultation, said a statement yesterday.
At a turning point for the Mena region, led by paradigm shifts in economies, evolving fiscal policies and key growth in private sectors, Qatar is witnessing a period of economic prosperity in the lead up to the World Cup 2022.
The QFBA, with support from the MoF and financial regulators, is actively spearheading capacity building projects and initiatives that support this growth and empower private and public finance professionals to raise the bar in their fields.
“After the success of Kawader and Kafaa’ in Qatar, the QIPF is QFBA’s first region-wide initiative, aiming to serve as a knowledge and reform hub in public financial management via research, training and consultation. Ultimately, its mission is four-fold: raising awareness around effective and efficient public finance in the region, sharing best practice in policy and framework development; serving as a market intelligence and data resource for the industry; and bolstering interaction among the various public finance professionals in the region.” said Dr Al Horr, CEO of QFBA.
QIPF’s launch seminar, which was held on December 13, tackled hot topics and key issues pertaining to this space, showcasing international case studies from markets around the world.
Opening the seminar, Ian Hawkesworth, Head, PPP and Capital Budgeting, OECD, took attendees through the new OECD framework for public governance of infrastructure.
The seminar featured success case studies of the UK’s PPP framework, Portugal’s experience in managing political and fiscal risks from PPPs as well as reporting, measurement, transparency and accountability issues in infrastructure.
“The first regional seminar organised by the QIPF, in cooperation with the OECD, has enabled useful dialogue between peers, and the sharing of international and local good practices. We trust the creation of the QIFP will contribute to the development of high-quality budgeting and public expenditures in Qatar and the region,” said Jón Blondal, Head of the Budgeting &Public Expenditures division in the OECD’s Public Governance & Territorial Development Directorate.
Badr Al Qayd, Director of the International Cooperation Department at the MoF, said: “Aligning with the human and economic development pillars of the Qatar National Vision 2030, the QIPF indeed marks a region-wide initiative and a springboard to address current and future policy issues and share best practice in public financial management.”
“The QIPF will deliver upon three core activities: research based public policy papers on topics specific to the region, regional seminars for experience sharing among high-level agency officials in Mena, and a fiscal literacy programme that will be engaging Qatari officials and citizens in a series of workshops,” he said.
The Peninsula
DOHA: The Qatar Institute for Public Finance (QIPF) saw its official launch as a collaboration between the Qatar Finance and Business Academy (QFBA), the OECD (Organization for Economic Cooperation and Development) and the Qatar’s Ministry of Finance (MoF), here last week.
Capping the QIPF launch, a media roundtable was held yesterday at the QFBA headquarters, discussing QIPF’s mission to become a Mena hub for knowledge and reform in Public Financial Management via research, training and consultation, said a statement yesterday.
At a turning point for the Mena region, led by paradigm shifts in economies, evolving fiscal policies and key growth in private sectors, Qatar is witnessing a period of economic prosperity in the lead up to the World Cup 2022.
The QFBA, with support from the MoF and financial regulators, is actively spearheading capacity building projects and initiatives that support this growth and empower private and public finance professionals to raise the bar in their fields.
“After the success of Kawader and Kafaa’ in Qatar, the QIPF is QFBA’s first region-wide initiative, aiming to serve as a knowledge and reform hub in public financial management via research, training and consultation. Ultimately, its mission is four-fold: raising awareness around effective and efficient public finance in the region, sharing best practice in policy and framework development; serving as a market intelligence and data resource for the industry; and bolstering interaction among the various public finance professionals in the region.” said Dr Al Horr, CEO of QFBA.
QIPF’s launch seminar, which was held on December 13, tackled hot topics and key issues pertaining to this space, showcasing international case studies from markets around the world.
Opening the seminar, Ian Hawkesworth, Head, PPP and Capital Budgeting, OECD, took attendees through the new OECD framework for public governance of infrastructure.
The seminar featured success case studies of the UK’s PPP framework, Portugal’s experience in managing political and fiscal risks from PPPs as well as reporting, measurement, transparency and accountability issues in infrastructure.
“The first regional seminar organised by the QIPF, in cooperation with the OECD, has enabled useful dialogue between peers, and the sharing of international and local good practices. We trust the creation of the QIFP will contribute to the development of high-quality budgeting and public expenditures in Qatar and the region,” said Jón Blondal, Head of the Budgeting &Public Expenditures division in the OECD’s Public Governance & Territorial Development Directorate.
Badr Al Qayd, Director of the International Cooperation Department at the MoF, said: “Aligning with the human and economic development pillars of the Qatar National Vision 2030, the QIPF indeed marks a region-wide initiative and a springboard to address current and future policy issues and share best practice in public financial management.”
“The QIPF will deliver upon three core activities: research based public policy papers on topics specific to the region, regional seminars for experience sharing among high-level agency officials in Mena, and a fiscal literacy programme that will be engaging Qatari officials and citizens in a series of workshops,” he said.
The Peninsula
