Financial and Banking News
Budgets & Revenues
Oman Shows Rise in GDP and Trade Surplus
Oman's gross domestic product (GDP), measured in current prices, was valuedat RO3,223.6mn ($8,373mn) during 1989, an increase of 11% on the previous yearand the highest level since 1985. The rise was almost wholly due to an increase in oil sector GDP, which increased by 22%. Thecontribution of theconstruction sector fell for the fourth successive year, while publicadministration...