Oman: 2024 Article IV Consultation-Press Release; and Staff Report

Author: International Monetary Fund. Middle East and Central Asia Dept.

Volume/Issue: Volume 2025 Issue 013

Publication date: January 2025

ISBN: 9798400298318

$20.00

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Economics- Macroeconomics , Public Finance , Consolidating financial sustainability , strengthening public financial institutions , Liquidity management , Oman Vision 2040 , Increasing business opportunities , , FSAP update mission , ROSC reassessment mission , FSAP mission , data ROSC , debt management strategy , FSAP participation , Oil prices , Anti-money laundering and combating the financing of terrorism (AML/CFT) , Global

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Summary

Oman has achieved a remarkable improvement in its economic fundamentals. The fiscal and external positions have strengthened significantly, while nonhydrocarbon growth is picking up amid low inflation. Investor confidence has increased, paving the way for rising private sector investments. Sustained reform efforts would amplify gains from these accomplishments and help achieve the targeted economic transformation as set out under Oman Vision 2040.