21 Hrs
Source:
الرؤية
Transport and Communications Spending and Revenues
The Sultanate of Oman welcomes approximately 4 million visitors and plans to spend one billion riyals on tourism in 2025, while also enhancing heritage tourism efforts through villages and economic development. Additionally, the oil authorities have signed three concession agreements to expand exploration and increase reserves. Credit ratings confirm economic stability with expectations of sustainable growth. Moreover, the country is responding to climatic challenges, experiencing a decrease in inflation and launching initiatives to stabilize the economy, with forecasts of rainfall and favorable weather conditions. Efforts are also underway to strengthen the financial sector, infrastructure, and support small and medium-sized enterprises.
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