Qatar- Public sector commercial bank deposits increase


(MENAFN- The Peninsula) The Peninsula

DOHA: Public sector commercial bank deposits increased to QR308.3bn, showing an increase of 73.3 percent compared to same month in 2016 and a rise of 3.3 percent compared to October 2017.
The population of Qatar increased from 2.64 million in November 2016 to over 2.68 million at end of November 2017 with an annual increase of 1.7 percent, according to Qatar Monthly Statistics released yesterday by the Ministry of Development Planning and Statistics. A total of 525 traffic cases were recorded during the month, showing a decrease of 12.9 percent compared to the 603 cases of October 2017. In November, 20 death cases were recorded.
The bulletin also highlighted that the total number of registered vehicles has reached 6,520 new vehicles during November 2017, registering a monthly increase of 1.8 percent compared to October 2017, where the total number of registered vehicles was 5,407 new vehicles. A total number of 2,550 live births were registered during November 2017, while 210 death cases were recorded during the same period.
On another aspect, the total number of registered marriages was 199 marriages during November 2017, whereas the total number of divorces reached 65 cases. The number of social security beneficiaries reached 14,029 individuals, whereas the total value of social security has reached QR 81.1 billion during November 2017.
Regarding electricity and water consumption rates, the bulletin showed the total electricity utilisation value during November 2017 was 2996.3 (GWh) attaining a monthly decrease of 24.6 percent as compared with last month. It also showed that total value of water consumption reached 41822.6 thousand cubic meters during the same month attaining a monthly decrease of 7.9 percent compared to last month.

As for the buildings permit's information, the bulletin showed that total number of permits reached 838 permits during November 2017, recording a monthly decrease of 2.3 percent in comparison with the previous month October 2017.

Total broad money supply (M2) recorded about QR589.7bn during the month of November 2017 showing an annual increase of 18.9 percent compared with November 2016 from last year. On the other hand, cash equivalents (including deposits) attained for QR802.3bn during November 2017. The figure has recorded an annual increase of 16.1 percent in comparison with November 2016 from last year, as it recorded approximately QR 690.8bn.

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