VOL. XLI

No. 13

30-March-1998

QATAR

Qatar To Start Issuing Bills And Bonds

In a long-awaited development, the Qatari Council of Ministers and the majlisal-shura have approved a law which allows the central bank to begin issuing bills andbonds denominated in Qatari riyals. A local economist contacted by MEES said thathe expected the Central Bank to start issuing bonds shortly, although no start date wasgiven in the reports. He welcomed the news, saying that the introduction of debtinstruments...