image description
image description
Tell A Friend

FinancialNews


  • 09-07-17

    Oman's economy to increase by 2.5pct in 2018

    (MENAFN) Oman's GDP is projected to increase by 2.5 percent in the coming year, up from 1.5 percent in 2016, as exposed the Euler Hermes Credit Agency.

    Additionally, the agency also predicted that the deficit in the Sultanate's recent account will drop to 11 percent of the GDP in the coming year.

    Furthermore, the measures adopted by the government have collaborated to the fall in the budget deficit, due to the fall in oil prices last year.

    Meanwhile, the modest recovery in oil prices this year should support improves state revenues and narrows the fiscal deficit to 9 percent of the GDP.

    MENAFN0907201700450000ID1095607230

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved