Go your own way to tackle crisis

Countries in the Gulf should take their own measures to deal with the financial crisis, the Central Bank Governor said yesterday.

“The issues that each country will have to deal with are different. Every country has taken its own crisis mitigation measures,” Sultan al Suwaidi said at the biannual meeting of GCC central bank governors in Muscat.

This time, the region’s governors met to discuss the effects of the financial crisis on the region and the success of measures taken by the individual states to mitigate them.