UPDATE 1-Qatar resisting sanctions effectively, IMF official says:
"Qatar’s government has acted effectively in protecting the economy against sanctions imposed by other Arab countries, an International Monetary Fund official said on Wednesday after leading an IMF team on a week-long visit to Doha.
“The impact on banks’ balance sheets was mitigated by liquidity injections by the Qatar central bank and increased public sector deposits,” Mohammed El Qorchi said in a statement.
“These reactions reflected effective coordination and collaboration among key government agencies.”"
'via Blog this'
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