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Head of the Central Bank of Qatar: we have enough money to survive the blockade

The Chairman of Qatar Central Bank, Abdullah Saud al-Thani said that his country is not in danger of financial crisis with the introduction of four Arab countries blockade.

According to al-Thani, Qatar is ready to withstand any financial shock, what anyone can see in person, checking the data of the Central Bank.

He also confirmed the presence of outflows from Qatar and the output of foreign residents, but stressed that this outflow is negligible, and that foreign investment exceeds its volume.

Foreign exchange reserves of the Central Bank of Qatar exceed 40 billion dollars. In addition, the national investment Fund of Qatar has liquidity in excess of $ 300 million.

Head of the Central Bank of Qatar: we have enough money to survive the blockade 10.07.2017

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