Doha, – A workshop entitled “Value-for-money in government” started Tuesday under the organization of Qatar Institute for Public Finance (QIPF) and in collaboration with the Ministry of Finance and the Organization for Economic Cooperation and Development (OECD).

The three-day event is held in the context of the three organizations’ reaffirmation of their commitment to developing sustainable and efficient public finance strategies through the presentation of research and studies dedicated to the MENA region, conducted by international experts in the field.

“This workshop will be a unique addition to the ongoing efforts to achieve a qualitative leap forward in the efficient and effective use of funds in the government sector in Qatar and the region,” Qatar Finance and Business Academy (QFBA) CEO Dr. Abdulaziz Al Horr said. “During the meeting, best practices in the field of public financial management will be presented, through specialized papers addressing specific financial issues in the region that aim to empower finance officials in the government sector to follow a rationalization strategy in setting costs and cutting spending within the framework of public finance.” The workshop is the fourth of its kind since the launch of the Institute in December 2015.

As an international organization aimed at promoting policies that improve the economic and social welfare of people around the world, OECD enables governments to understand and address economic, social and environmental issues, opportunities and challenges. Thus, it covers various aspects of fiscal discipline and sustainability, in addition to resource allocation and cash efficiency in government operations.

In turn, the QIPF continues to collaborate with the Ministry of Finance as a central institution responsible for Qatar’s economy and public finance, through its market research to analyze gaps in public sector finance, finding solutions through specialized research, and implementing the outcome through training programs.

QFBA was established by the Qatar Financial Center (QFC) to create a Qatar-based learning and development organization for delivering pragmatic and innovative financial services education. The academy targets people who are qualified to start financial work, all the way to senior executives, training them in basic financial disciplines in the areas of banking, asset management, capital markets and insurance. (QNA)

Source: Qatar News Agency