Qatar shows ‘remarkable resilience’ post-blockade, says Doha Bank CEO:
Qatar has demonstrated “remarkable resilience” since the June 2017 economic blockade by implementing a series of legislative reforms, including achievements in finance and infrastructure development, according to Doha Bank CEO Dr R Seetharaman.
At the Doha Bank forum titled ‘Qatar’s Resilience Post Blockade – A Year On’ held on Wednesday at the Four Seasons Hotel Doha, Seetharaman spoke on reforms implemented in the past year such as the new Investment Law, permanent residency, food security, Qatar sovereign bond issuance, and other key developments like the Metro Rail project.
“In recent times, Qatar’s long-term issuer ratings have been changed from negative to stable by Moody’s Investors Service, which affirmed the long-term issuer and foreign-currency senior unsecured debt ratings at Aa3.
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