Total broad money supply jumps 10.6% year-on-year to QR 675 billion in July

Doha: Qatar’s total money supply (M2), which includes cash, check deposits and easily convertible quasi-currency, increased by 10.6% to QR 675 billion in July compared to the same period last year (July 2021), according to the ‘Qatar Monthly Statistics Report released by the Planning and Statistics Authority (PSA) yesterday.

On the other hand, cash equivalents including commercial bank deposits reached around QR 965 billion in July, showing an annual increase of 1.2% compared to July 2021, when deposits recorded around QR 954 billion. of QR.

The data also showed that the general index of the Qatar Stock Exchange (QSE) increased in July at a monthly rate of 9.7% compared to June 2022, and an annual increase of 24.3% compared to July. 2021.

Tourism data revealed that the total number of visitors to Qatar reached nearly 150,000, representing a monthly increase of 3.3% from June 2022 and a yearly increase of 292.9% from July 2021. Visitors from Gulf Cooperation Council (GCC) countries accounted for 62 percent. In terms of visitors by type of port, visitors by land accounted for the highest percentage, at 55% of the total number of visitors.

Regarding the data of building permits issued, the total number of permits reached 550 permits in July 2022, registering a monthly decrease of 27.2%, and an annual increase of 3.4%.

The total number of new vehicles registered in July reached 5,849 new vehicles. The figure showed a monthly decrease of 27 percent and an annual increase of 7.5 percent.

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