Page 6 - AHATA

A9
LOCAL Wednesday 1 June 2022

Net foreign assets surged

Summary of the Monthly Bulletin of March 2022

Monetary develop- ciated with payments for 14.1 million), and increases month of the previous year. lion) decreased.
ments goods imports. in loans to enterprises (+Afl. The rise in government rev-
Compared to February The drop in the domes- 8.3 million) and housing enue resulted from an in- Tourism
2022, money supply ex- tic component of money mortgages (+Afl. 4.5 mil- crease in tax revenue (+Afl. The number of stay-over
panded by Afl. 48.5 mil- supply was caused by de- lion). 16.4 million) and a de- visitors amounted to 95,912
lion to Afl. 5,404.8 million in creases in domestic credit crease in nontax revenue in March 2022, which is
March 2022, resulting from (-Afl. 330.5 million) and Inflation (-Afl. 0.9 million). 46,945 visitors (+95.9 per-
an increase in net foreign non-credit related balance The consumer price index cent) more than in March
assets (+Afl. 381.8 million) sheet items (-Afl. 2.8 million). (CPI) for March 2022 noted The growth in tax revenue 2021. The North American
and a decrease in net do- The decline in domestic a 4.0 percent rise year-over- was mainly driven by ex- market, the Latin Ameri-
mestic assets (-Afl. 333.3 credit resulted from lower year (YOY) compared to a pansion in income from can market, and the Euro-
million). net claims of the banking 3.5 percent increase (YOY) import duties (+Afl. 5.0 mil- pean market increased by
sector on the public sec- for February 2022. The main lion), turnover tax (B.B.O./ 39,017 visitors (+89.8 per-
In March 2022, the expan- tor (-Afl. 329.2 million) and contributor to this increase B.A.V.P) (+Afl. 4.9 million), cent), 3,132 visitors (+165.3
sion in net foreign assets of lower claims of the banking was the “Transport” com- and wage tax (+Afl. 3.1 mil- percent), and 3,731 visitors
the banking sector was due sector on the private sector ponent. The 12-month av- lion). In contrast, income (+147.0 percent), respec-
to net purchases of foreign (-Afl. 1.3 million). The drop erage inflation rate was from profit tax (-Afl. 3.9 mil- tively. q
exchange of Afl. 685.3 mil- in net claims of the banking 2.1 percent in March 2022,
lion from the public, mostly sector on the public sector compared to 1.7 percent in
related to other investment was the result of a rise in February 2022.
and foreign exchange rev- government deposits (+Afl.
enue from tourism exports. 329.2 million). The reduction Government
These were partly offset in claims of the banking Total government revenue
by net sales of foreign ex- sector on the private sector amounted to Afl. 86.3 mil-
change of Afl. 303.5 million was caused by a decrease lion in March 2022, Afl. 15.5
to the public, mainly asso- in consumer credit (-Afl. million more than the same

Weekly COVID-19 update reports the

recovery of 687 people

The public health agency of Aruba Currently there are 4 people hospital-
known as DVG publishes a weekly up- ized either with or for reasons related
date, where locals and visitors alike to COVID-19, of which all patients are
can be informed on the development of in the general floor. In Colombia there
coronavirus on the Island. are no COVID-19 patients from Aruba
hospitalized.q
In this week’s update DVG informed
that 687 people recovered from COV-
ID-19 this week, as well as 718 new cases.

The amount of active cases for this week
is of 326 and the amount of death re-
lated to or due to COVID-19 has stayed
at 213. This data illustrates that the new
cases of COVID-19 have a weekly aver-
age of 103 positive cases per day, and
a weekly positivity rate of 42 percent per
day.