9 Hrs
Source:
الوطن
Oman’s Economic Trends
The Omani Ministry of Economy and the International Monetary Fund (IMF) mission reviewed developments in economic performance and growth prospects in the Sultanate as part of the 2026 Article IV consultations, taking place from October 25 to November 8. Real GDP grew by 3.8% in the first half of 2026, driven by growth of 9.7% in oil activities and 1.8% in non-oil activities. The two sides discussed the impact of geopolitical developments on the economy and ways to strengthen its resilience and the competitiveness of its sectors, as well as updates on the Eleventh Five-Year Plan for 2026–2030 and its alignment with Oman Vision 2040.
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