Mutrah Corniche in Muscat. Oman expects to bring in more than nine billion rials a year from tourism by 2040 as it bids to diversify its economy away from oil. Sebastian Castelier for The National
Mutrah Corniche in Muscat. Oman expects to bring in more than nine billion rials a year from tourism by 2040 as it bids to diversify its economy away from oil. Sebastian Castelier for The National

Business

Economy

Oman's economy recovering due to higher oil prices and easing of Covid-19 rules, IMF says

Fiscal and external surpluses are expected in 2022 and over the medium term

Shweta Jain
Shweta Jain

October 06, 2022