Qatar- Public sector commercial bank deposits surge 68.4% in Sept


(MENAFN- The Peninsula) By Sachin Kumar | The Peninsula

Public sector commercial bank deposits value reached QR302.6bn during September 2017, registering a surge of 68.4 percent compared to the value of banks deposits during the same month last year.

The deposits have witnessed a monthly increase of 2.5 percent, said Qatar Monthly Statistics bulletin released yesterday by the Ministry of Development Planning and Statistics.

The total population of Qatar has increased to more than 2.63 million at end of September this year from 2.55 million in September last year, showing an annual increase of 3.2 percent. Traffic cases declined during the month as 417 traffic cases were recorded during September compared to 450 cases in August 2017, showing a monthly fall of 7.3 percent.

The total number of registered marriages was 284 marriages during September 2017, whereas the total no of divorces reached 74 cases.

Social security value, in the month of September 2017, witnessed a significant increase in number of social security beneficiaries as it reached 14,220 individuals, whereas the total value of social security has reached QR81.1bn during September 2017. A total number of 2,103 live births were registered during September 2017, while 175 death cases were recorded during the same period.

According to the monthly bulletin, the total number of registered vehicles reached 4,140 new vehicles during September this year, recording at decline of 23.6 percent compared to previous month this year as 5,420 new vehicles were registered in August. The bulletin showed that the total electricity utilisation value during September 2017 was 4,383.3 GWh attaining a monthly decrease of 5.6 percent compared to last month.

The bulletin also showed that the total value of water consumption reached 43,064.7 thousand cubic meters during the same month, attaining a monthly decrease of 5.2 percent as compared with last month.

As for the buildings permit's information, the bulletin showed that total number of permits reached 472 permits during September 2017, recording a monthly decrease of 34.4 percent in comparison with the previous month August 2017.

Total broad money supply (M2) recorded about QR564.8bn during the month of September this year, showing an annual increase of 14.5 percent compared with September 2016 from last year. Cash equivalents (including deposits) were QR797.8bn during September 2017. The figure has recorded an annual increase of 17.5 percent in comparison with September 2016 from last year.

The monthly bulletin contains various social and economic statistical indicators related to Qatar. Next issue of the bulletin is expected to be released by the end of this month.

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The Peninsula

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