Forum on Economic Inflation Preparedness
A forum organized by the Omani Ministry of Economy focused on the readiness of the economy to face inflationary pressures, which have become more complex due to connections with the global economy, changes in energy and food markets, geopolitical tensions, and climate issues. The undersecretary of the ministry pointed out that inflation requires understanding its sources, monitoring its indicators, and mitigating its effects by building a resilient economy that enhances financial and monetary policies, diversifies sources of imports, and supports local production. The average inflation rate in the Sultanate has been around 2.9% since the beginning of the year and currently stands at 3.4%, according to August 2026 data.
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