His Excellency Eng. Ahmed bin Hitmi Al Hitmi, Chairman of the Financial and Economic Affairs Committee of the Shura Council, revealed the Council’s recommendations on the issue of inflation, the high cost of living and the increase in financial burdens on citizens.
Al-Hitmi said – in statements to "Qatar TV" The first recommendation regarding the issue of inflation is to continue applying monetary policy to raise the interest rate to absorb the liquidity in the market.
He added that the second recommendation is to activate and monitor laws, including consumer protection or competition protection, and preventing monopolistic competitions.
He continued: Regarding the issue of fees, an Emiri decision was issued to form a committee to study the fees and ensure that the fees are commensurate with the service provided.
Al-Hitmi said that the fourth recommendation indicates that in the presence of inflation, the committee considers that the time is not appropriate to impose any taxes.
Today, the Shura Council held its regular weekly session "Tamim bin Hamad Hall"At the Council’s headquarters, chaired by His Excellency Mr. Hassan bin Abdullah Al-Ghanim, Chairman of the Council.
During the session, the Council reviewed the report of the Financial and Economic Affairs Committee on the request for general discussion put forward by Their Excellencies members of the Council in the last session, related to inflation, the high cost of living and the increase in the financial burden on citizens.
