Browse related articlesControlling inflation a huge challenge for Qatar
Qatar: Sunday, February 03 - 2008 at 11:09
Authorities in Qatar are having a difficult time containing inflation. Worse, prospects for bringing inflationary pressures under control look only dim, reported Gulf News. US investment bank Merrill Lynch expects inflation rate in Qatar to reach 14.5 per cent in 2008, up from 14 per cent in 2007. Currently, inflation rate in Qatar is a far cry from the past few years. According to the Economist Intelligence Unit (EIU), the rate averaged 2.6 per cent in 2002-2004. To be sure, Qatari inflation rate is the worst within the Gulf Cooperation Council (GCC). Merrill Lynch expects an inflation rate of 12 per cent in the UAE this year.
See Also
Also consider reading:
- » Kuwait works out visa for Indians
- » Kuwait go-ahead for Citigroup plan
- » Bush recognizes weakening US economy
- » Al Ahlia registers 29% growth
- » Petro Rabigh sells in Tasi
- » FPCCI signs pact with Yemeni counterpart
- » Mawarid to set up insurance firm
- » Sub-prime fall-out not hitting Gulf
- » Abu Dhabi's economy will grow by 8.2%
- » Bahrain starts labor inspection campaign
Facebook
LinkedIn
Digg
Amena Bakr, Senior ReporterSunday, February 03 - 2008 at 11:09 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
Web Feeds