Oman inflation Archives

Inflation in Arab countries to increase 7.5 percent in 2022 as food and energy prices rise: Arab Monetary Fund

Written by Anup Oommen

Wed 20 Apr 2022Wed 20 Apr 2022

Arab Central Banks and other monetary authorities will implement unconventional monetary policy tools to increase financial inclusion, support recovery, and stimulate economic activities, the Arab Monetary Fund report stated

Latest in Oman inflation

Oman’s economy has been struggling since the collapse of oil prices in 2014, forcing the government to join other Gulf countries in tapping international debt markets to plug budget shortfalls.

budget deficit

S&P cuts Oman’s rating ‘in the absence of substantial fiscal measures’

Written by Bloomberg

Mon 22 Apr 2019Thu 7 Oct 2021

S&P cut Oman’s outlook to negative while affirming its debt score at BB, on par with Paraguay and Serbia

Oman has posted positive growth in the first half of this year, thanks to public revenues growing to more than OMR 4 billion ($10.39bn).

Muscat

Oman economy posts strong growth

Written by Jeremy Lawrence

Sun 3 Sep 2017Thu 7 Oct 2021

GDP grows by 12.9 percent with non-oil revenues rising