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Image courtesy: ONA MUSCAT, January 7, 2021 Oman’s Ministry of Economy will target a real GDP growth rate of 3.5 percent on average and 5.5 percent in nominal GDP growth rate, as well as increasing the investment rate to 27 percent of GDP on average, a senior government official said. One of the main objectives of the plan is to attract more foreign direct investment in the oil and non-oil sectors, to reach 10.9 percent of the GDP by the end of the plan, Dr Nasser Rashid Al-Maawali, ...

Oman eyes real GDP growth of 3.5% in 10th Five-Year Plan By: ONA Dr Nasser Rashid Al-Ma’awali. - ONA Muscat: Dr Nasser Rashid Al-Ma’awali, Undersecretary of the Ministry of Economy has said that the 10th Five-Year Plan will focus on achieving a real GDP growth rate of not less than 3.5 percent on average and 5.5 per cent in nominal GDP growth rate, as well as increasing the investment rate to 27 percent of GDP on average. He added in a statement to Oman News Agency (ONA) that one of the mai...

Share this article Share this article ResearchAndMarkets.coms offering. The global electric commercial vehicle market is projected to grow from 129 thousand units in 2020 to reach 2,026 thousand units by 2028, at a CAGR of 41.1%. The advancements in battery pack technologies and electric powertrains are some of the major factors driving the growth of the electric commercial vehicle industry. Many countries are focusing on the electrification of their public transportation fleets. Factors such a...