A report issued by the Qatar Central Bank showed that private sector loans rose to the level of 754.5 billion riyals, while deposits rose to the level of 391.1 billion riyals.
According to CBE data, government and public sector deposits rose in December by about 5.5 billion riyals to 288.7 billion riyals. These deposits were distributed between 100.4 billion riyals for the government, 151.6 billion riyals for government institutions, and 36.6 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, government and public sector loans from local banks decreased in December by about 0.4 billion riyals, compared to last November, to reach 379.7 billion riyals. Government loans amounted to 142.3 billion riyals, a decrease of 0.8 billion riyals from November. While loans to government institutions amounted to 218.7 billion riyals, an increase of 0.5 billion riyals from November. Loans of semi-governmental institutions amounted to 18.7 billion riyals, a decrease compared to November. The balance of government bonds and bills rose in December by about 1.8 billion riyals to the level of 176.1 billion riyals. As a result, the total public sector credit (government and institutions), in addition to bills, bonds and sukuk, rose to the level of 555.8 billion riyals.
Source (Al-Raya Newspaper, Edited)
