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Optimistic outlook: Public debt to slide to 45pc of GDP in 2022, down from 63pc of GDP in 2021, says IMF in latest observationA new report by the International Monetary Fund (IMF)...
Article content (Bloomberg) — The International Monetary Fund’s technical assistance for Oman doesn’t come with conditions and isn’t going to lead to any financial assistance, its mission chief to the Gulf country said. “The medium-term fiscal plan is not a plan with the IMF, it is the authorities’ own plan,” Daniel Kanda told Bloomberg in an interview late Wednesday. “It was pretty much completed by the time we got into the picture, it’s not something that was jointly developed.” We apologize, but this video has failed to load. Try refreshing your browser, or IMF's Techn...
By: Times News Service From a high of OMR17.3bn last year, Oman’s borrowings are expected to decline progressively Muscat: Oman’s net borrowing is expected to reach zero in 2024, thanks to measures taken to reduce the county’s fiscal deficit and diversify its economy, according to a report by the International Monetary Fund (IMF). The report was published after a staff visit led by Daniel Kanda, senior economist at the IMF, to assess the plans drawn up by the country to in the light of the economic developments and future outlook owing to the COVID-19 pandemic. According to the economic...
A mild recovery of 1.5 per cent in non-oil GDP growth is projected for 2021