VOL. XLVI
No 6
10-February-2003
TRADE & COMMERCE
IMF Discussion Paper Positive On GCC Common Currency
The eventual replacement of the GCCs individual currencies by a common regional one is a worthwhile objective, concludes an IMF policy discussion paper published on 27 December 2002 entitled On a common currency for the GCC countries. The paper, which was written by Esteban Jadresic of the IMFs research department, suggests that if a common currency is implemented properly, it will enhance the...
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