Welcome to Bashar Sir Blog

Who pays the reserve tax in Qatar? 0

Who pays the reserve tax in Qatar?

Central banks often use reserve requirement to manage liquidity in the banking system. Generally, when the amount of liquidity in the banking system increases, central banks increase reserve requirement to drain out some surplus...

Qatar’s policy crisis 0

Qatar’s policy crisis

Qatar is currently facing a serious crisis on its economic policy-making. Qatar has lost its monetary policy independence in mid-1980, when it decided to (de facto) peg its currency to the US dollar. The...

The dollar is our currency, but your problem 0

The dollar is our currency, but your problem

Famously told by John Connally, President Nixon’s Treasury Secretary, to a delegation of Europeans worried about exchange rate fluctuations. Four decades since that famous remark was made, China replaced Europe, but the dollar worry...

The economics of the GCC monetary union 0

The economics of the GCC monetary union

Much have been written on the progress of the GCC monetary union. So far, I haven’t written anything on this topic. Here is my chance! The question I want to explore is where these...