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GCC set to tap global loan market to finance deficits
GCC sovereigns are looking to issue syndicated loans financed by international banks, to finance their emerging fiscal deficits in 2016. Qatar is seeking $10 billion, while Oman is looking to tap $1 billion. According to Markaz, Qatar is turning to international debt markets to shore up its finances that are…
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Click here to read the full story: Khaleej Times