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Tuesday, 7 February 2017

UPDATE 1-Pressure on Qatar state finances easing but austerity still needed -minister | Reuters

UPDATE 1-Pressure on Qatar state finances easing but austerity still needed -minister | Reuters:

"Pressure on Qatar's state finances is easing because of higher oil prices and the government may not need to issue an international bond this year, but it is still seeking ways to save money, finance minister Ali Sherif al-Emadi said on Tuesday.

"We may not issue a bond this year given where oil prices are - right now we are close to break-even," Emadi said in a briefing on the financial outlook for the world's top liquefied natural gas exporting nation.

Qatar's last international bond issue was a $9 billion sale last May. Emadi said another issue was an option in the 2017 budget, but no decision had been made on whether to exercise it."



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