Financial and Banking News

Financial Policy

World Bank Clarifies Position On Omani Economy: Praises Achievements

The World Bank moved swiftly to correct the impression given in a recentFinancial Times article that it saw major economic problems ahead for Oman. Thearticle was based on a World Bank report on Oman which was written following amission to the country in January-February 1993. In a letter to Mr. Muhammad ibnMusa, Oman's Minister of State for...