OMAN FREEZES FIVE-YEAR PLAN PENDING PURIFICATION OF OIL PRICE PICTURE

Oman has frozen the implementation of its newly-published 1986-90 five-year economic plan (MEES, 20 January) until the oil price situation becomes clearer, according to Oman's Minister of Petroleum and Minerals, Mr. Sa'id ibn Ahmad al-Shanfari. In a recent interview with Ian Seymour and Walid Khadduri of MEES, Mr. Shanfari explained that the 1986-90 plan had been based on an oil price projection of around $20/B -...