Qatar’s Pension Fund investments have reached QR90bn. The Fund recorded a seven percent growth in total revenues in 2017 compared to the previous year, to the General Retirement and Social Insurance Authority (GRSIA) noted in its annual report for the year 2017.

In an introductory note to the annual report, Minister of Finance H E Ali Shareef Al Emadi said that the state of Qatar is proceeding with the development of investment policies to achieve the highest growth rates of pension funds, taking into account the risks that they can face in the medium and long term, QNA reported.

The Minister said that investment policies are developed in accordance with extensive technical studies, which enhances the ability of the Authority to continue to provide the best returns to investors and their families.

The authority has taken deliberate measures to enable the pension funds to maintain their investment performance, with a growth rate of six percent in investment revenues compared to 2016, he added.

“Over the past year, pension fund investments have reached QR90bn and annual report of the Authority, where most of them are centred in the country, has also referred to 98.8 percent of the total investment portfolio of the funds, the report said.

The report indicated that the Fund’s insurance revenue was 53 percent versus 47 percent of investment revenue from total fund revenue in 2017, with funds achieving a seven percent growth in total revenues for 2016.

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