Bahrain | Claims on central government (annual growth as % of broad money)
Claims on central government (IFS line 32AN..ZK) include loans to central government institutions net of deposits. Limitations and exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries. Statistical concept and methodology: The banking system's assets include its net foreign assets and net domestic credit. Net domestic credit includes credit extended to the private sector and general government and credit extended to the nonfinancial public sector in the form of investments in short- and long-term government securities and loans to state enterprises; liabilities to the public and private sectors in the form of deposits with the banking system are netted out. Net domestic credit also includes credit to banking and nonbank financial institutions. Domestic credit is the main vehicle through which changes in the money supply are regulated, with central bank lending to the government often playing the most important role. The central bank can regulate lending to the private sector in several ways - for example, by adjusting the cost of the refinancing facilities it provides to banks, by changing market interest rates through open market operations, or by controlling the availability of credit through changes in the reserve requirements imposed on banks and ceilings on the credit provided by banks to the private sector.
Publisher
The World Bank
Origin
Kingdom of Bahrain
Records
63
Source
Bahrain | Claims on central government (annual growth as % of broad money)
1960
1961
1962
1963
1964
1965
1966 15.47550982
1967 -18.16604709
1968 -24.71479813
1969 -3.64343908
1970 1.98443017
1971 -10.58544192
1972 3.47676709
1973 -0.29243426
1974 -44.53880953
1975 -27.85216077
1976 -1.83644444
1977 8.25051937
1978 5.2403341
1979 -8.94858978
1980 -30.8414953
1981 -34.58953022
1982 8.90518012
1983 -3.58208988
1984 -12.7755165
1985 -5.7023524
1986 6.6817589
1987 27.10234316
1988 -23.66295455
1989 -9.70226859
1990 7.20169216
1991 7.65665311
1992 17.20061616
1993 -4.39105636
1994 -6.38296748
1995 2.42194542
1996 -3.49440531
1997 1.67751989
1998 4.08638125
1999 3.43386944
2000 -0.38525938
2001 2.34283826
2002 1.43748108
2003 1.05989543
2004 -1.39040948
2005 1.46209259
2006 -5.91190944
2007 -2.46644804
2008 -4.44064611
2009 9.64435793
2010 -0.51600124
2011 4.37186009
2012 0.75074267
2013 9.69672349
2014 4.09413729
2015 4.76960841
2016
2017
2018
2019
2020
2021
2022
Bahrain | Claims on central government (annual growth as % of broad money)
Claims on central government (IFS line 32AN..ZK) include loans to central government institutions net of deposits. Limitations and exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries. Statistical concept and methodology: The banking system's assets include its net foreign assets and net domestic credit. Net domestic credit includes credit extended to the private sector and general government and credit extended to the nonfinancial public sector in the form of investments in short- and long-term government securities and loans to state enterprises; liabilities to the public and private sectors in the form of deposits with the banking system are netted out. Net domestic credit also includes credit to banking and nonbank financial institutions. Domestic credit is the main vehicle through which changes in the money supply are regulated, with central bank lending to the government often playing the most important role. The central bank can regulate lending to the private sector in several ways - for example, by adjusting the cost of the refinancing facilities it provides to banks, by changing market interest rates through open market operations, or by controlling the availability of credit through changes in the reserve requirements imposed on banks and ceilings on the credit provided by banks to the private sector.
Publisher
The World Bank
Origin
Kingdom of Bahrain
Records
63
Source