Qatar Economic Review 2006(September) - QNB

4APPENDIXQatar Statistical SummaryMonetary Survey(QR Million)2002 2003 2004 2005 June 2006Currency in Circulation 1,921 2,148 2,594 2,866 3,355Demand Deposits 4,368 9,130 12,004 19,497 23,700Narrow Money Supply (M1) 6,289 11,278 14,598 22,363 27,055% change M1 20.5% 79.2% 29.4% 53.2% 21.0%Savings and Time Deposits 19,002 17,958 20,621 26,059 35,069Foreign Currency Deposits 6,856 7,987 9,646 15,849 15,710Quasi-Money 25,858 25,945 30,267 41,908 50,779Money Supply (M2) 32,147 37,223 44,865 64,271 77,834% Change M2 11.8% 15.8% 20.5% 43.2% 21.1%5Deposits of Commercial Banks(QR Million)2002 2003 2004 2005 June 2006Private Sector Deposits:Demand Deposits in Qatari Riyals 4,334 8,814 11,626 16,977 22,924Time and Saving in Qatari Riyals 17,309 15,339 17,595 26,045 33,550Demand Deposits in Foreign Currencies 326 1,947 1,744 2,706 3,159Time and Saving in Foreign Currencies 5,128 4,610 6,209 7,147 7,847Total Private Sector Deposits 27,097 30,710 37,174 52,875 67,480Public Sector Deposits:Demand Deposits in Qatari Riyals 622 2,206 3,619 5,793 7,873Time and Saving in Qatari Riyals 6,695 9,558 8,070 7,031 7,137Demand Deposits in Foreign Currencies 168 2,299 2,340 5,123 3,728Time and Saving in Foreign Currencies 11,189 7,912 9,061 13,809 17,720Notes:(M1) Currency in Circulation +Demand Deposits.(M2) M1 + Savings and TimeDeposits + Foreign CurrencyDeposits.Total Public Sector Deposits 18,673 21,975 23,090 31,756 36,458Non Resident Deposits -- 279 535 769 1,431Total Commercial Banks Deposits 45,770 52,964 60,799 85,400 105,369Sources: Ministry of Finance, Ministry of Economy and Commerce, Qatar Central Bank, Planning Council,Middle East Economic Survey and QNB Estimates.APPENDIX 56