The combined budget of Qatari banks revealed that at the end of February, the government and public sector loans rose to the level of 377.1 billion riyals, while the deposits decreased to the level of 257.8 billion riyals.
According to the report issued by the Qatari Central Bank, government and public sector deposits decreased by 0.3 billion riyals to 257.7 billion riyals. These deposits were divided between 78.1 billion riyals for the government, 150.6 billion riyals for government institutions, and 29 billion riyals for semi-government institutions in which the government's share is 50% or more and less than 100%.
On the other hand, the total government and public sector loans from local banks increased by 7.4 billion riyals compared to last January, to reach 377.1 billion riyals, which a year ago was 338 billion riyals. The loans were distributed as they included 158.5 billion riyals for the government, an increase of 7.7 billion riyals compared to January, 199.5 billion riyals for government institutions, a decrease of 0.3 billion riyals compared to January, and semi-government institutions 19 billion riyals, a decrease of 0.1 billion compared to January. The balance of government bonds and bills settled at the level of 156.4 billion riyals, a decrease of 0.2 billion from January. In the end, the total credit of the local public sector (government and institutions), in addition to bills, bonds and sukuk, increased by 7.2 billion riyals to the level of 533.5 billion riyals.
Source (Al-Raya Newspaper-Qatar, Edited)
