Gulf Arab oil exporters should learn from the euro zone debt crisis but press on with their own monetary union project, a senior official from Qatar's central bank said on Thursday.
"I think that the GCC (Gulf Cooperation Council) countries should benefit from the euro experience and continue with the GCC monetary union project without a delay," Khalid Alkhater, Director of Research and Monetary Policy at the bank, told Reuters.
"The monetary union is a strategic long-term project for these countries, not only economically, but it should be also politically," he said in rare public comments by a Gulf central bank official.
No comments:
Post a Comment