The banks' consolidated budget data for December 2020, issued by the Qatar Central Bank, showed that government and public sector loans fell to the level of 352.9 billion riyals, while their deposits rose to the level of 263.3 billion riyals.
According to the data, government and public sector deposits increased by 10.4 billion riyals to 263.3 billion riyals distributed between 76.6 billion riyals for the government, 156 billion riyals for government institutions, and 30.7 billion riyals for semi-government institutions in which the government share is equal to 50% or more, and less than 100 %.
According to the data, the total public sector loans from local banks decreased by 0.4 billion riyals to 352.9 billion riyals, distributed among the government 136.8 billion riyals, a decrease of one billion riyals compared to November, government institutions: 197 billion riyals, representing an increase of 0.3 billion riyals, and semi-governmental institutions: 19.1 billion Riyals, an increase of 0.3 billion riyals.
According to the data, the total deposits of the local private sector with banks increased by the end of December by 2.4 billion riyals from the end of November to the level of 381.2 billion riyals. The total of local loans and credit facilities provided by banks to the local private sector increased by 2.1 billion riyals to reach the level of 688.9 billion riyals, of which 176.6 billion riyals for the services sector (up 0.8 billion riyals), 152.7 billion riyals for the real estate sector (an increase of 0.9 billion riyals), 147 billion Riyals for consumer loans to individuals (down 0.2 billion riyals), 146.9 billion riyals for the trade sector (up 0.4 billion riyals), 37.7 billion riyals for the contracting sector (down 0.2 billion riyals), 16.9 billion riyals for the industrial sector (up 0.4 billion riyals).
Source (Al-Raya Newspaper-Qatar, Edited)
