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Oman Expecting Economic Growth Of 5% For 2011

Published on Sunday, 03 Jul 21:00 pm

Oman’s economy is projected to grow by approximately 5% this year, on the assumption that oil prices stay at current levels, Minister of Finance Darwish al-Balushi said on 29 June. Following a sustained period of protests and demonstrations calling for more jobs, higher salaries and an end to corruption (MEES, 7 March), Omani authorities have revealed plans to heavily...
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