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Qatar Cbank Gov: No Need for Policy Response to Crisis - ASHARQ AL-AWSAT English Archive
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DUBAI,(Reuters) – Qatar has no need to take policy steps in response to the global financial crisis at the moment, but had “lots of instruments” at its disposal if needed, the Gulf Arab state’s central bank governor said on Wednesday.

Sheikh Abdullah bin Saud al-Thani was speaking on the sidelines of an Islamic finance conference in Dubai.

The central banker also said that Qatari banks are “solid, highly capitalized and liquid.”

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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