Monday, June 6, 2011

Qatar raised US$14 billion through bonds and treasuries

The Qatari government has raised QR50 billion (around US$14 billion) through bonds and treasuries to stabilize and balance the national banking system. The Qatari Prime Minister stated that the 2011-2012 year budget is considered the biggest in Qatar history and it shows the nation?s economic power and durability.

Sheikh Hamad bin Jassim, Qatari Prime Minister and Minister of Foreign Affairs
� 2011 Al Bawaba (www.albawaba.com)

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Source: http://www1.albawaba.com/main-headlines/qatar-raised-us14-billion-through-bonds-and-treasuries-377023

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