Oman
Gulf states’ non-oil growth will depend on oil income
The Gulf states are attempting to diversify their economies by building up their non-oil private sectors
Gulf statesEconomic reforms will boost Omani employment
Fiscal pressures and youth unemployment have galvanised efforts to nationalise the workforce
OmanOman’s fiscal surplus will allow further debt pay down
Oman’s fiscal account recorded a strong, albeit declining, surplus in the first half of 2023
OmanNew labour law will accelerate 'Omanisation'
The government is trying to push the private sector to employ more nationals
OmanOmani fiscal plans will depend on social impact
Positive economic trends will give the government space to build the country’s long-term fiscal resilience
OmanOman's state-society relations may slowly change
The government shows readiness to accept changing dynamics within Omani society, allowing Omanis to marry foreigners
OmanOmani sultan’s trips will elevate his personal status
Oman's Sultan Haitham bin Tariq Al Said visited Egypt, and will follow this with a trip to Iran on May 28
OmanOman's prudent fiscal policy will boost confidence
Moody’s raised Oman’s financial status to Ba2, highlighting the government's ability to meet financial obligations
Oman
