Qatar Central Bank Unveils 2024-2030 Strategic Plan for Financial Sector Advancement

Qatar, 10 October, 2024 : The Qatar Central Bank (QCB) has unveiled its strategy for 2024-2030, aligned with the Qatar National Vision 2030 and the Third National Development Strategy. Launched on October 9, 2024, the strategy aims to transform challenges into opportunities, fostering a more advanced financial sector in Qatar.

This roadmap outlines a clear vision for a sustainable and resilient financial sector, focusing on diversification and innovation. Key objectives include enhancing financial stability, transparency, and inclusion while adopting data-driven policies that promote economic growth and technological advancement.

The strategy is anchored by five core values: integrity, excellence, innovation, sustainability, and inclusion. It is structured around four strategic pillars: financial resilience, market development and product diversification, digital transformation, and international collaboration. 

Supporting these pillars are five cross-cutting themes: operating model, digital infrastructure, human capital, communication, and environmental, social, and governance (ESG) practices. The strategy encompasses over 25 key initiatives and aims to deliver more than 15 outcomes, integrating innovation and sustainable development.

The QCB emphasizes its commitment to achieving excellence and is dedicated to executing its objectives with superior quality and distinctive performance to support the community.

Source : www.zawya.com