Middle East Economic Survey

VOL. LIV

No 15

8-Apr-2011

oman

IMF Says Oman Was Ready To Face Global Financial Crisis

Oman was well prepared to confront the global financial crisis, the IMF said on 1 April in its Article IV consultation, noting that this was the consequence of prudent macroeconomic management of oil wealth, appropriate regulatory and supervisory policies, and implementation of structural reforms to enhance non- hydrocarbon growth. Also over the past decade the Omani government...