Qatar Central Bank revealed that total government and public sector deposits increased by 4.7 billion riyals to the level of 296 billion riyals, while loans decreased by 5.1 billion riyals to the level of 366.2 billion riyals.
According to the Qatar Central Bank, government and public sector deposits rose in April by about 4.7 billion riyals to 296 billion riyals. These deposits were distributed between 95.4 billion riyals for the government, 162.5 billion riyals for government institutions, and 38.4 billion riyals for semi-governmental institutions in which the government's share is equal to 50 or more and less than 100 percent.
On the other hand, the total government and public sector loans from local banks decreased in April by about 5.1 billion riyals to 366.2 billion riyals. It included: 131.3 billion riyals for the government, a decrease of 3.9 billion riyals from March, 219.5 billion riyals for government institutions, unchanged from March, and 19.2 billion riyals for semi-governmental institutions, down 1.2 billion from March. The balance of government bonds and bills decreased in March by about 0.3 billion riyals to the level of 174.8 billion riyals. As a result, the total public sector credit (government and institutions), in addition to bills, bonds and sukuk, decreased by 5.4 billion riyals to the level of 546 billion riyals.
Source (Al-Raya Qatari Newspaper, Edited)
