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flag 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.

flag 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. flag The Central Bank maintained its exchange rate peg and reduced its policy rate to 5.145% by year-end. flag The banking sector strengthened, and Oman’s sovereign credit rating was upgraded. flag 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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