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OCCI launches Omani Financial Manager Programme | Times of Oman

Dr. Abdullah bin Masoud Al-Harthy, Member of the Board of Directors of the Oman Chamber of Commerce and Industry, Chairman of the Supervisory Committee on the programme, said ....

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Omani delegation concludes visit to Singapore | Times of Oman

A commercial delegation from the public and private sectors concluded its visit ....

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OCCI Chairman receives Ambassador of Bangladesh in Oman | Times of Oman

During the meeting, the most important trade and investment opportunities were discussed ....

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OCCI Chairman urges companies to provide jobs to youths in Oman | Times of Oman

The Chairman of Oman Chamber of Commerce and Industry said | Times of Oman ....

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Zero borrowing for Oman by 2024

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 indicators published by IMF, Oman’s estimated net borrowings are expected to reach just $0.1bn by 2024. ....

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