Middle East Economic Survey


No 5



Omans Economic Growth Forecast To Hit 5% In 2011, IMF Says

Real GDP growth in Oman is projected to rise further to around 5% this year, after posting growth figures of 1.1% and 4.1% in 2009 and 2010 respectively, the IMF said in a statement announcing its preliminary assessment of the 2010 Article IV consultation with Oman. Though the global financial crisis in 2009 was seen to affect the Omani economy somewhat, the report...