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Oman's economy grew 1.6% in 2024, with inflation low and a fiscal surplus, while the IMF began its 2025 economic review on Nov. 9.
Oman's economy grew 1.6% in 2024, driven by non-hydrocarbon sectors, with inflation at 0.6% and a fiscal surplus of 1.3% of GDP.
The Central Bank maintained its exchange rate peg and reduced its policy rate to 5.145% by year-end.
The banking sector strengthened, and Oman’s sovereign credit rating was upgraded.
The IMF began its 2025 Article IV consultation mission on November 9, meeting with government, private sector, and financial leaders to assess economic conditions and provide policy recommendations.
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La economía de Omán creció 1.6% en 2024, con una inflación baja y un superávit fiscal, mientras que el FMI comenzó su revisión económica de 2025 el 9 de noviembre.