“One way to ease liquidity for banks is that the government can buy all highly rated securities held by the banks. Every single bank in the U.A.E. has some sovereign debts in their portfolios. I am not asking them to buy any junk bonds, rather the high quality U.A.E. government debt.”

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Originally said in English.

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About Abdul Aziz Al Ghurair

Abdul Aziz Al Ghurair is quoted here; further biographical details are not publicly available.

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"One way to ease liquidity for banks is that the government can buy al…" — Abdul Aziz Al Ghurair | Daily Quotes