ACTIVO DOMESTICO NETTO Y RESERVA DI DIVISA NETTO A SUBI Resumen di e Relato Mensual di Maart 2017 – NET DOMESTIC ASSETS AND NET FOREIGN ASSETS WENT UP Summary of the Monthly Bulletin of March 2017

ACTIVO DOMESTICO NETTO Y RESERVA DI DIVISA NETTO A SUBI Resumen di e Relato Mensual di Maart 2017

Desaroyo monetario
Den e luna di Maart 2017, e cantidad di placa den circulacion a subi cu Afl. 83.4 miyon te na Afl. 4.180,9 miyon, compara cu Februari 2017. Esaki a resulta door di subidanan den e activo domestico netto (+Afl. 52,2 miyon) y den e reserva di divisa netto (+Afl. 31,2 miyon).

E subida den e activo domestico netto a surgi door cu credito domestico a subi (+Afl. 90,5 miyon) mientras cu transaccionnan no relata na credito a mengua (-Afl. 38,3miyon). E caida den transaccionnan no relata na credito a wordo causa principalmente door di subidanan den e asina jama “shareholders’ equity” y “other liabilities” y tambe transaccionan di clearing.

Credito domestico a expande, como resultado di subidanan den tanto credito bancario netto na e sector publico (+Afl. 88,3 miyon) como credito bancario na e sector priva (+Afl. 2,2 miyon). E aumento den credito bancario netto na e sector publico ta relaciona principalmenta cu un bahada den depositonan di gobierna (-Afl. 82,1 miyon). E crecemento di Afl. 2.2 miyon den credito na e sector priva a resulta for di mas hipoteca pa vivienda (+Afl. 7.4 miyon) y credito na empresa (+Afl. 1,9 miyon), mientras cu credito na consumidor a baha (-Afl. 7,1 miyon).

E crecemento den e reserva di divisa netto di e sector bancario ta debi na compra netto di divisa for di publico (+Afl. 272.8 miyon), principalmente relaciona cu entrada for di turismo y inversionan directo. Esaki a wordo parcialmente mitiga pa benta netto di divisa na publico (-Afl. 241.6 miyon), primordialmente relaciona cu pago netto pa importacion di mercancia, e asina jama ‘income account’ y otro servicionan.

Inflacion
E nivel general di prijs, cu ta wordo midi door di e indice di prijs di consumo, a registra un bahada di 0,1 porciento den e luna di Maart 2017, compara cu Maart 2016. E contribuyente principal na e caida aki ta e componente “Vivienda”, cual ta debi primordialmente na un reduccion den prijs di electricidad. Tambe, e componente “Recreacion y Cultura” a contribui na e bahada. Di otro banda, e componentenan “Transporte”, “Cuminda y bebida no-alcoholico” y “Restaurant y Hotel” a registra un subida. Si exclui e componentenan di cuminda y energia for di e indice di prijs di consumo, inflacion ta mustra un crecemento di 0,1 porciento compara cu Maart 2016. Pa loke ta trata e promedio anual di e tasa di inflacion, esaki a subi na -0,7 porciento na Maart 2017, compara cu -0.8 porciento na Februari 2017.

Turismo
Na Maart 2017, e cantidad di turista a registra 90.133 bishitante, cual tabata 18,1 porciento (-19.865 bishitante) menos cu na Maart 2016. E caida aki a resulta principalmente door di 68.3 porciento menos turista di Latino America (-23.731 bishitante). Di otro banda, e mercado Norte Americano a crece cu 7,4 porciento (+4.867 bishitante).

E caida den e mercado Latino Americano a wordo causa pa menos bishitante for di Venezuela (-23.924 bishitante of -85,3 porciento). E subida den e mercado Norte Americano a resulta for di un expansion den bishitante for di Merca (+4.117 bishitante of 6,8 porciento).

E cantidad di turista crucero a registra un subida di 3.033 bishitante of 3,1 porciento te na 99.769 na Maart 2017, compara cu Maart 2016. E cantidad di barconan a baha for di 48 na Maart 2016 pa 41 na Maart 2017.

Entrada di Gobierno
Na Maart 2017, entrada di gobierno a suma Afl. 100,8 miyon, cual ta Afl. 7,9 miyon mas compara cu e mesun luna di e aña anterior. E crecemento aki a resulta di subidanan den entrada di impuesto (+Afl. 7,5 miyon) y den entrada no relata na impuesto (+Afl. 0,4 miyon).
E crecemento den entrada di impuesto ta relata principalmente na mas accijns riba gasoline (+Afl. 10.5 miyon), impuesto riba e asina yama “overdrachtsbelasting” (+Afl. 5,1 miyon), accijns riba tabaco (+Afl. 3,8 miyon), impuesto riba salario (+Afl. 2,9 miyon), benta di negoshi (B.B.O) (+Afl. 2,0 miyon) y impuesto riba divisa (+Afl. 1,2 million). Di otro banda, bahadanan a wordo registra den entrada di impuesto riba ganashi (-Afl. 17,5 miyon), impuesto riba entrada (-Afl. 2,5 miyon) y vehiculo di motor (-Afl. 1,6 miyon).

Banco Central di Aruba

10 Augustus 2o17

==========

NET DOMESTIC ASSETS AND NET FOREIGN ASSETS WENT UP Summary of the Monthly Bulletin of March 2017

Monetary developments
In March 2017, money supply increased by Afl. 83.4 million to Afl. 4,180.9 million, compared to February 2017, resulting from upsurges in net domestic assets and net foreign assets of Afl. 52.2 million and Afl. 31.2 million, respectively.

The growth in the domestic component of the money supply resulted from an Afl. 90.5 million expansion in the domestic credit and an Afl. 38.3 million reduction in non-credit related balance sheet items. The latter was brought about by increases in shareholders’ equity and other liabilities, as well as clearing transactions.

Domestic credit rose as the net claims of the banking sector on the public sector and the claims on the private sector recorded gains of Afl. 88.3 million and Afl. 2.2 million, respectively. The expansion in the net claims on the public sector was mainly due to an Afl. 82.1 million decrease in government deposits. The Afl. 2.2 million rise in claims on the private sector was attributed to increases in housing mortgages and loans to enterprises of Afl. 7.4 million and Afl. 1.9 million, respectively, which was largely offset by a drop in consumer credit of Afl. 7.1 million.

The Afl. 31.2 million growth in the net foreign assets of the banking sector was driven by net purchases of foreign exchange of Afl. 272.8 million from the public, mainly related to foreign exchange revenue from tourism activities and direct investment, which were partly counter-balanced by net sales of foreign exchange of Afl. 241.6 million to the public, mostly associated with goods, income account and other services.

Inflation
The consumer price index (CPI) for March 2017 noted a 0.1 percent decrease year-over-year (YoY). The main contributor to this decline was the component “Housing”, which was mainly driven by a fall in electricity costs. Additionally, “Recreation and Culture” contributed to the decrease. In contrast, the components “Transport”, “Food and Non-Alcoholic Beverages” and, “Restaurant and Hotels” registered increases. Excluding the effect of food and energy , the growth in the core CPI was 0.1 percent (YoY). The 12-month average inflation rate edged up to -0.7 percent in March 2017, compared to -0.8 percent in February 2017.

Tourism
In March 2017, the number of stay-over visitors amounted to 90,133, which is 18.1 percent (-19,865 visitors) less than in March 2016. The decline in tourism from the Latin American market of -68.3 percent (-23,731 visitors) was primarily responsible for this contraction. On the other hand, the North American market registered an increase of 7.4 percent (+4,867 visitors).

The decrease in the Latin American market was caused by a drop in visitors from Venezuela (-23,924 visitors or -85.3 percent). The rise in the North American market was due to an expansion in arrivals from the United States (+4,117 visitors or 6.8 percent).

The number of cruise visitors registered a rise of 3,033 or 3.1 percent to 99,769 in March 2017, compared to March 2016. The number of ship calls fell from 48 in March 2016 to 41 in March 2017.

Government
In March 2017, total government revenue amounted to Afl. 100.8 million, which was Afl. 7.9 million higher than the same month of the previous year. This upturn resulted from increases in tax revenue and non-tax revenue of Afl. 7.5 million and Afl. 0.4 million, respectively.

The expansion in tax revenue was largely related to increases in excises on gasoline (+Afl. 10.5 million) and transfer tax (+Afl. 5.1 million), tobacco (+Afl. 3.8 million), wage tax (+Afl. 2.9 million), turnover tax (+Afl. 2.0 million) and foreign exchange tax (+Afl. 1.2 million). On the other hand, decreases were registered in profit tax (-Afl. 17.5 million), income tax (-Afl. 2.5 million), and motor vehicle fees (-Afl. 1.6 million).

Centrale Bank van Aruba
August 10, 2017
comunicado di prensa di e Relato Mensual Maart 2017

press release Monthly Bulletin March 2017

Leave a Reply