Middle East Economic Survey
VOL. XLVIII
No 51
19-December-2005
OMAN
Diversification, Public Investment Help Oman Meet Challenge Of Oil Decline, Says IMF
Significant progress towards diversifying the Omani economy away from oil, and increased levels of public investment in key sectors, are helping the country to maintain a favourable economic outlook despite declining oil production, the IMF has said following the conclusion of article IV consultations. In its 9 December report, the IMF said that...
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