NO. 12


Financial and Banking News

Debt Flows

Debt of the GCC States now Needs to Be Monitored

During the last few years debt financing has become a significant featurein the economies of the GCC states, and such debt is reaching a level wheremonitoring of GCC debt trends has become an important part of any economicanalysis of those countries, even though for the moment their debt ratios areeasily within prudent levels and there is no question of default.

Until the...