Months into a dispute that has seen Doha cut off from Saudi Arabia and the UAE, Qatar’s emir said Tuesday his country was “a thousand times better off” without them. This is contradicted by the facts that Qatar’s economy is suffering as Qatar exchange index delves down, foreign deposits are withdrawn, real estate market stumbles, and the construction sector is hindered by fleeing investments.

Moody’s has estimated that Qatar used $38.5 billion—equivalent to 23% of its GDP—to support the economy in the first two months of sanctions.

Doha is accused by Saudi Arabia, UAE, Egypt, and Bahrain of supporting terrorists, logistically and financially, and having close ties to Iran.

On June 17, the BBC reported that Since 9/11, the United States-led global effort to disrupt terrorist financing has been relentless. Domestic laws and United Nations Security Council Resolutions have been passed; entities and individuals have been subject to national and UN sanctions; and suspected conduits for terrorist funding, such as remittance companies and charities, have been shut down.

But despite all this, the commitment of some key nations, including Qatar, has been repeatedly questioned.