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The Sultanate of Oman has achieved a new digital milestone in the ESCWA index, recording a 12.7% growth in the money supply to reach 28.6 billion Omani riyals by the end of May. This comes amid regional tensions threatening global economic growth, while Omani oil prices are approaching $100. Additionally, discussions took place between the Sultan and the French President regarding efforts to contain escalation and regional developments, with an emphasis on the importance of strengthening the financial sector and addressing regional challenges.
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