Oman Daily Observer: Qatar’s Emir has asked the government to postpone $8.2 billion in unawarded contracts on capital expenditure projects due to the coronavirus outbreak, a bond prospectus seen by Reuters showed.
The spread of the coronavirus may continue to negatively impact the QView postatari economy and financial markets and could lead to a recession, the Gulf state also said in the document, dated April 7.
Qatar on Tuesday started marketing a triple-tranche U.S. dollar-denominated bond.
https://www.omanobserver.om/qatar-to-postpone-8-billion-of-contracts-from-projects/
