Gulf central banks should act to boost liquidity – IMF report

Riyadh
The GCC meeting was held in Riyadh, Saudi Arabia

Central banks among the countries of the Gulf Cooperation Council (GCC) should make improved domestic liquidity a priority as the economies struggle to diversify from oil, says a report by the International Monetary Fund published on November 23.

"It will be necessary to step up [the] monitoring of the banking sector and ensure effective liquidity-assistance frameworks. [Non-performing loans] are also expected to rise with the slowing in growth," IMF staff say in the report, discussing the outco

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: