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
15.47550982 1966
-18.16604709 1967
-24.71479813 1968
-3.64343908 1969
1.98443017 1970
-10.58544192 1971
3.47676709 1972
-0.29243426 1973
-44.53880953 1974
-27.85216077 1975
-1.83644444 1976
8.25051937 1977
5.2403341 1978
-8.94858978 1979
-30.8414953 1980
-34.58953022 1981
8.90518012 1982
-3.58208988 1983
-12.7755165 1984
-5.7023524 1985
6.6817589 1986
27.10234316 1987
-23.66295455 1988
-9.70226859 1989
7.20169216 1990
7.65665311 1991
17.20061616 1992
-4.39105636 1993
-6.38296748 1994
2.42194542 1995
-3.49440531 1996
1.67751989 1997
4.08638125 1998
3.43386944 1999
-0.38525938 2000
2.34283826 2001
1.43748108 2002
1.05989543 2003
-1.39040948 2004
1.46209259 2005
-5.91190944 2006
-2.46644804 2007
-4.44064611 2008
9.64435793 2009
-0.51600124 2010
4.37186009 2011
0.75074267 2012
9.69672349 2013
4.09413729 2014
4.76960841 2015
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