FINANCIAL NEWS

Qatar’s 2015 gross budgets hit USD 19.09bn

10 Mar 2016

(MENAFN) Qatar’s gross debit, involving sovereign and corporate through 2015 reached USD 19.09bn, while whole gov’t bonds issued during the year was USD 8.24bn.

Moreover, whole gov’t bonds issued across the same year were USD 8.24bn and corporate amounted to USD 10.85bn, according to research.

In addition, total debt reached USD 171bn in 2015, of which USD 27.5bn was in government bonds, while USD 143.5bn was in long-term commercial loans.

Total debt in the GCC from the beginning of the year to the end of Feb 2016 reached USD 15bn, while outstanding debt maturing in 2016 is USD 61.8bn.

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