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FINANCIAL NEWS
Qatar’s local debt drops by USD4.08bn
25 Jul 2016
(MENAFN) Qatar’s whole domestic debt declined by USD4.08bn in June to reach USD 103.1bn, while its investments outside the country dropped by USD 6.06bn.
Furthermore, the banks’ assets and liabilities grew by USD 0.21bn to hit USD0.32bn, compared to USD0.32bn posted in May.
Additionally, government and public sector deposits grew by almost USD1.02bn to USD54.75bn, while whole local private sector deposits grew by USD0.74bn.
However, foreign banks liabilities on banks in the country dropped by USD2.61bn to reach USD50.01bn.
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