OMAN'S ECONOMY: BACK ON TRACK

Oman is taking difficult steps to bring about economic solvency. By Sep 1997, Muscat Securities Market celebrated 123% returns. Oil prices, $19 a barrel, are a key component in the country's ability to revitalize itself. Oman's 5 year economic plan from 1996-2000 is dedicated to balancing...

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Bibliographic Details
Published in:Middle East policy 1998-01, Vol.5 (4), p.1-10
Main Author: Molavi, Afshin
Format: Article
Language:English
Subjects:
Anti inflation
Budgets
Economic Conditions
Economic crisis
Economic growth
Economic policy
Economic reform
ECONOMICS
Expenditures
GDP
Gross Domestic Product
Growth rate
International finance
INTERNATIONAL TRADE
Investments
Macroeconomics
MARKETING SYSTEM
MIDDLE EAST
Oman
Securities markets
Stock exchanges
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Summary:Oman is taking difficult steps to bring about economic solvency. By Sep 1997, Muscat Securities Market celebrated 123% returns. Oil prices, $19 a barrel, are a key component in the country's ability to revitalize itself. Oman's 5 year economic plan from 1996-2000 is dedicated to balancing revenues and expenditures, developing human resources and making technological progress. The most significant challenge will be related to employment concerns.
ISSN:1061-1924
1475-4967
DOI:10.1111/j.1475-4967.1998.tb00365.x