A report issued by the Qatar Central Bank showed an increase in the gross domestic product of the State of Qatar in the third quarter of 2021 compared to the second quarter by 12.8 percent, to 176.2 billion riyals, compared to 156.3 billion riyals in the second quarter.
The output of the oil and gas sector accounted for 38.6 percent of the total, compared to 36.8 percent of the total output in the third quarter. The output of the oil and gas sector grew by 18.2 percent in the third quarter, compared to 11 percent in the second quarter.
According to the report, total public revenues in the third quarter of 2021 decreased by 6.2 percent, compared to the previous quarter, to 47 billion riyals, while public expenditures decreased by 0.3 percent to 46.08 billion riyals.
The total assets of banks (commercial and specialized) increased by 32.4 billion riyals to 1840.9 billion, from 1808.5 billion riyals last December. The assets of Islamic banks rose in December compared to November by about 11.5 billion riyals to 507.4 billion riyals. Assets of conventional banks rose in December by 32.6 billion riyals to 1293.6 billion riyals.
Source (Al-Raya Newspaper, Edited)
