_1777293978995_62445876.jpg&w=64&q=75){kind=small}
Standard Chartered forecasts 3.5% Oman growth
The article focused on the economic growth forecasts for the Sultanate of Oman for 2026 and 2027. Standard Chartered Bank expects the economy to grow by 3.5% in both years, supported by the resilience of non-oil sectors, improved financial conditions, and the strategic location of ports and industrial zones. Reports also indicated that the International Monetary Fund forecasts growth accelerating to around 3.7% in 2026, with a temporary slowdown in non-oil growth to 2.5% before recovering to 3.2% in 2027. This outlook is based on continued cautious policies and avoiding the impacts of regional conflicts, especially as Oman benefits from its position away from the Strait of Hormuz.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)