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Qatar expected to retire debt using accumulated contingency reserve funds, says Moody’s

Qatar is expected to retire debt using accumulated contingency reserve funds, global rating agency Moody’s said and noted it understands that Qatar’s government has now approved a plan to use $20bn (or 13% of 2020 GDP) to reduce its gross borrowing requirement during 2020-21. According to Moody’s, Qatar will reduce…

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Click here to read the full story: Gulf Times

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