Qatar – Shura Council discusses inflation and reveal contradiction of government
Qatari Shura Council meetings revealed a record high rate of inflation that contradicts government statements over the past few days confirming that inflation rates are still within safe limits.
Record inflation
The Financial and Economic Affairs Committee of the Shura Council confirmed that it is discussing the issue of inflation, rising living costs and increasing financial burdens in society during its meeting today, which was chaired by HE Chairman of the Committee Mohammed bin Yousef Al Mana, and decided to complete its discussion at its next meeting.
Observers say inflation in Qatar has exceeded safe limits, as prices for products have skyrocketed and the government has failed to control markets.
The most affected by these successive economic crises is migrant workers.
The government seeks to provide for the needs and well-being of a certain segment of the Qatari population, he said, adding that the rest of the population and foreign workers, who represent 90% of Qatar’s population, do not fall into the government’s accounts.
Qatar’s inconsistency
Two weeks ago, the English-language Qatari media revealed that inflation rates in Qatar are within safe range, with estimates that the average annual inflation will be recorded at 3.1% in 2022, and then dropped to 2.1% in 2023.
Dr. Omar al-Ababneh, head of Sharia control and audit at House of Counsel, claimed during the workshop that inflation rates in Qatar were within safe range.
These statements contradict the government’s moves to obscure the crisis facing Qatar.