Qatar’s Total Broad Money Supply (M2) recorded about QR 675.1 billion ($185.4bn) during June 2022, marking an increase of 9.3 percent compared to June 2021.
The Planning and Statistics Authority (PSA) revealed this in its monthly statistics bulletin “Qatar; Monthly Statistics,” issued Tuesday.
Cash equivalents; including Commercial Bank Deposits, attained for approximately QR 984 billion during June 2022.
It reported an annual increase of 2.4 percent compared to June 2021, when deposits recorded close to QR 960.6 billion.
The report noted the increase in deposits and credit facilities for commercial banks at a monthly rate of 1.7 percent and 0.7 percent, respectively (compared to May 2022).
It showed an annual increase of 2.4 percent and 1.4 percent, respectively (compared to June 2022).
The value of sold properties during June 2022 increased by 109.6 percent compared to May 2022 and fetched around QR 2.84 billion, with annual increase of 39.6 percent compared to June 2021.
Also, annual arrivals of visitors increased by 499.5 percent during June 2022 to reach 145,600 visitor compared to 24,300 visitor during June 2021.
Total electricity consumption during June 2022 was 5,164.3 GWh attaining a monthly increase of 14.1 percent and an annual increase of 4.5 percent.
The total water consumption reached 56,628.5 thousand m3 during the same month attaining a monthly decrease of 1.1 percent and an annual decrease of 1.9 percent.