Qatar’s total public debt increased by 3.3% during the third quarter of 2021 to reach QR383bn, Ministry of Finance said Monday.
The increase resulted from a QR10.2bn new domestic issuance. External debt redemption in the third quarter totaled QR0.6bn. There was no new external issuance for the period, except for an incremental ECA drawdown.
Total domestic public debt stood at QR162.2bn, as of September 30, 2021, which represents 42.4% of the overall public debt, Ministry of Finance said.
The composition of domestic debt includes local bonds and loans.
Total external public debt at the end of September stood at QR220.8bn, which represents 57.6% of the total public debt. The external debt consists of external bonds and loans.
For the remainder of 2021, the total external debt repayments stand at QR1bn. As a result, the anticipated total public debt figure for end of 2021 is expected to be QR382bn, Ministry of Finance said.