For the Qatar Central Bank (QCB), keeping abreast of the country’s swift economic development is no easy task. The bank's governor, Sheikh Abdulla Bin Saoud Al-Thani, is currently managing the economic impacts of massive infrastructure spending, the ongoing transition to non-hydrocarbon growth, as well as the implementation of long-term strategic development objectives.
In turn, these dynamics have created both challenges and opportunities for the QCB, particularly in terms of controlling associated inflationary pressures from various sectors of the economy. Similarly, the central bank has had to act decisively to develop local currency debt markets in the country, in an effort to absorb the excess liquidity in the banking sector.
