Based on the local and global economic development, and in light with the continued gradual recovery of economic activity from the negative impact of the outbreak of Covid-19, as economic indicators and statistics show that the local financial and banking system is stable, and domestic liquidity and credit rates remain at high levels. As Qatar Central Bank (QCB) continues its proactive liquidity management operations to ensure comfortable liquidity for the banking system while directing interest rates to the required level to facilitate an adequate flow of credit to borrowers in order to maintain financial stability.

Accordingly, QCB will begin with the implementation of the future strategy for a gradual reduction of the exceptional support stimulus packages that it launched within the comprehensive economic support plan of the state, which has proven its effectiveness in mitigating the negative effects of Covid-19, through a gradual and deliberate exit that takes into account the various interaction between monetary policy measures and the continuity of economic and banking activity in the State of Qatar.