A report issued by the Qatari Central Bank regarding the banks’ consolidated budget for the month of May 2021, showed that the total deposits of the government and the public sector increased to the level of 286.2 billion riyals, while the total of their loans rose to the level of 400.5 billion riyals.
According to the report, government and public sector deposits rose by about 23.7 billion riyals to 286.2 billion riyals. These deposits were distributed between 88.3 billion riyals for the government, 165.9 billion riyals for government institutions, and 32.1 billion riyals for semi-governmental institutions in which the government's share is equal to 50 percent or more and less than 100 percent.
On the other hand, the total government and public sector loans from local banks increased by about 2.7 billion riyals to reach 400.5 billion riyals, which included 176.4 billion riyals for the government, 207.2 billion riyals for government institutions and 17 billion riyals for semi-governmental institutions. On the other hand, the total local private sector deposits with banks decreased by about 2.8 billion riyals from the end of April to the level of 383.8 billion riyals. The total of local loans and credit facilities provided by banks to the local private sector increased by about 11.2 billion riyals to reach the level of 732.7 billion riyals.
Source (Al-Raya Newspaper-Qatar, Edited)
