At a time when economic reforms are faltering, Al Qabas reported, quoting informed sources estimated that the public reserve investments in the fiscal year ending in March 2020 at about KD17 billion, a decrease of about 7 billion from 2019. The volume of investment in short-term accounts and deposits would reach about KD5 billion, equivalent to 29% of the volume of general reserve investments, compared to about KD11 billion in the fiscal year ending March 31, 2019, a decline of KD6 billion.
The daily reported, referring to sources, also predicted a decrease in the volume of investment in stock and bond portfolios in March 2020 by about one billion dinars, reaching – according to estimates – KD4.2 billion, compared to KD5.2 billion in March 2019. As for direct investments, they acquired approximately 26% of the general reserve investments, according to sources’ estimates, at nearly KD4.4 billion, compared to about KD4.5 billion for the fiscal year ending in March 2019, while real estate investments are expected to reach 3% of the investment value of about KD548 million.