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The inflation rate in Oman stands at 2.9%, according to the Ministry of Economy, which clarified that global variables have a greater impact than other factors. It was also announced that the government has spent over 188 million Omani riyals on development projects, with transportation infrastructure accounting for 68% of this expenditure. On another note, Duqm refinery forecasts revenues of up to $7 billion in 2025, with production continuing this year. Additionally, the Sultanate celebrated its success in hosting the 23rd World Wind Energy Conference in 2027.
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