NO. 49


Financial and Banking News

Domestic Debt Markets In The Gulf: Underdeveloped But Still In Demand

In the following article MEES Associate Editor Andrew Cunningham assessesthe prospects and problems for the development of domestic debt markets in theGulf.

Despite some high-profile international loans, the Gulf Corporation Council (GCC)states rely overwhelmingly on domestic sources of finance to cover their budgetdeficits. But domestic debt markets remain...