Middle East Economic Survey
VOL. LII
No 41
12-Oct-2009
QATAR
Qatari Economy Badly Hit But Showing Early Signs Of Recovery, Says NBK
Qatari government efforts coupled with the relative stabilization of the global economy have produced early signs of recovery for the emirates economy, reversing a trend of money supply contraction, the National Bank of Kuwait (NBK) reported on 4 October. The projections follow a sharp drop in Qatars money supply between 4Q08 and 1Q09, with M2 dropping by a cumulative...
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