Anti- Inflation Shopping Mall
Memo
Date: November, 2007
To: Deputy Chairmen of Research & Development, Ministry of Commerce
and Industry
From: Raouf Al- Hinai, Student in Collage of Commerce, Finance Major
Subject: Progress Report for Establishing Anti- Inflation Mall
Purpose
This progress report provides you with jobs preformed in an Anti-Inflation Mall research from October 19, 2007 up to date.
Summary
During the last month I spent my time in researching about the Anti-Inflation Mall. Through visiting three different experts, I have ensured that the mall idea is a useful idea and it has a positive impact on the Oman Economy. I am currently waiting for the feedback of questionnaires.
Since I have followed the structured plan of the report, I am going to submit it on the date mentioned in proposal, which is December 10, 2007.
Introduction
On October 23 I received approval to begin researching and classifying the suitable goods that might be offered in the mall. This proposal focuses on how this mall will stabilize or reduce the growth rate of inflation* in the economy. The result report will be delivered to Deputy Chairmen of Research & Development in Ministry of Commerce and Industry on December 10, 2007.
Figure (1) shows how the inflation has jumped in Oman during the last three years. Notice that the inflation is doubled during the following four years, which indicates a risky future for Oman Community and Economy. Therefore, constructing Anti-Inflation Mall will help to decrease inflation growth. When the mall offers inexpensive type of goods, portion of consumers will purchase these goods and they will pay no attention to ...