Qatar: Panel on prices to be set up soon
Posted by Zawya
The Peninsula
07 July 2010


DOHA: Concerned over rising prices, the Ministry of Business and Trade is to soon set up a committee that would conduct extensive studies of price trends and fix maximum prices of some commodities, if necessary.

The proposed committee, to be set up vide a ministerial decision, is to have members from the public health and municipal ministries as well, besides some experts.

The State Cabinet gave the go-ahead in September last year for a committee that would have the authority to conduct studies on price rise and fix maximum price slabs in respect of commodities and services that, according to it, need such a measure.

Sheikh Jassem bin Jabor Al Thani, head of the Consumer Protection Department of the trade ministry, told Qatar News Agency the proposed panel would be formed soon and would act swiftly if it found that the prices of some commodities and services were unjustifiably high.

© The Peninsula 2010

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