International Monetary Fund: Oman’s Economy Continues to Grow

The International Monetary Fund stated in a report today, Monday, that the Omani economy continues to grow, with inflation contained at low levels. The Fund indicated that Oman’s real GDP grew by 4.3% in 2022, and it is expected that the country’s economic growth will slow to 1.3% in 2023, before recovering to 2.7% in 2024. It added that the short- and medium-term outlook for the Omani economy is favorable, and the risks to the forecast are balanced.