12 Jun 2017
Qatari FinMin: We're extremely comfortable with our positions, our investments and liquidity
CNBC out with comments from the Qatari finance minister, commenting on the recent political tensions propped up within Gulf Cooperation Council (GCC).
Key Headlines:
Other GCC countries will also lose from sanctions - "if we're going to lose a dollar, they will lose a dollar also"
Can source food and other materials from many places, will respond to crisis by diversifying economy more
No need to worry about stock market plunge as we have all tools required to defend economy and currency
We're extremely comfortable with our positions, our investments and liquidity in our systems
No need for government to step into market and buy bonds