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GCC economies face challenges: Banker

Posted on 18 May 2009

From Thepeninsulaqatar.com: GCC countries being real commodity-driven economies are facing a host of challenges in the wake of the global financial crisis, says a senior banker.

And top on the list are problems like increased costs of procuring funds, stock market volatility, reduced cash flows for businesses, likely increase in credit losses and rising balance sheet risks due to asset price deflations……..Full Article: Source

 
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