Minister of Finance, Ali bin Ahmed Al Kuwari, with other officials and dignitaries the opening session of the 2024 Asia Economic Forum.
Doha, Qatar: Minister of Finance, Ali bin Ahmed Al Kuwari, participated in the opening session of the 2024 Asia Economic Forum, where he was warmly welcomed by Dr Peter K N Lam, Chairman of the Hong Kong Trade Development Council. Hong Kong Chief Executive John KC Lee and several other officials representing various countries and entities also took part in the opening session.
The annual event aims to provide stakeholders with valuable insights across various socio-economic domains through an Asia-centric lens.
Minister of Finance also participated in a discussion session entitled “Charting the path to a better future”. The session, held as part of the 2024 Asian Financial Forum, was chaired by Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury. Also participating in the session were H E Dr Mohamed Maait, Minister of Finance of the Arab Republic of Egypt, H E Marko Primorac, Minister of Finance of the Republic of Croatia, and Julapun Amornvivat, Deputy Minister of Finance, Kingdom of Thailand.
The session covered several topics of common interest, the foremost of which were sustainable development and its challenges, international companies and the impact of political conditions on their development, and the role of the international financial community in promoting sustainable development.
In his remarks, the Minister of Finance underlined the importance of sustainable development and the development of effective strategies for its implementation by promoting investments in renewable energy and green projects, “We are planning to issue our first sovereign green bond in the near future. Several of our banks have already issued green bonds and sukuk and we are keen on sharing our experiences with stakeholders”, said Ali bin Ahmed Al Kuwari Minister of Finance.
He also elaborated on Qatar’s commitment to invest in renewable energy, as part of the Qatar National Vision 2030, stating: “We are investing heavily in renewable energy at home, as part of our national vision for the year 2030, and are looking for ways in which we can contribute to climate financing abroad, both commercially and concessionally.”
