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IMF Says Public Spending And Oil Prices Boost Oman’s Growth To 5.5% In 2011
Published on Monday, 02 Apr 07:00 am
Real GDP growth is estimated to have reached 5.5% in 2011, up from 4% in 2010 and 1.2% in 2009, driven by increasing government spending and higher oil prices, the IMF said on 26 March in an Article IV consultation with Oman.
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