INTERNATIONAL COMPARISON PROGRAMME

ICP WESTERN ASIA – 2005 ROUND

FINAL RESULTS – ESCWA REGION

Majed Skaini

Egyptian travelling to Lebanon for few daysAssuming he will only spend on food and servicesIn Egypt, he would spend around L.E. 250 for the

same period to purchase what he needs of food and services

Doing the calculation…

Exchange Rate L.E. 250 L.L. 65,200

AFHC PPP L.E. 250 L.L. 140,000

Same quantity and quality of food and services purchased

Lebanese working in Bahrain for B.D. 3,360 a month

He gets an offer to relocate to Qatar for Q.R. 38,500 a month

Does he take the offer and relocate to Qatar?Will he be enjoying the same or better well being?

Exchange Rate B.D. 3,360 < $9,000 Q.R. 38,500 > $10,500

AFHC PPP Q.R. 38,500 = B.D. 3,342 < B.D. 3,360