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Country Report Oman

  • ID: 2101407
  • Country Profile
  • Region: Oman
  • 23 Pages
  • The Economist Intelligence Unit
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The Economist Intelligence Unit expects the monarchy to remain in power. However, given the poor health of the sultan, Qaboos bin Said al-Said, we expect Assad bin Tariq al-Said, the sultan's eldest first cousin, to succeed him at some point in 2019-23.

Given Oman's long-standing neutrality-based foreign policy, we expect the sultanate to continue to maintain an neutral stance on regional disputes during our 2019-23 forecast period.

The government will step up its drive to diversify the economy away from a reliance on oil, with a focus on sectors such as manufacturing, tourism and fishing. However, the hydrocarbons sector will remain the main driver of the economy.
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Country Report Oman

Briefing sheet
Political and economic outlook
Key changes since February 27th
The month ahead
Major risks to our forecast

Outlook for 2019-23: Political stability

Outlook for 2019-23: Election watch

Outlook for 2019-23: International relations

Outlook for 2019-23: Policy trends

Outlook for 2019-23: Fiscal policy

Outlook for 2019-23: Monetary policy

Outlook for 2019-23: International assumptions

Outlook for 2019-23: Economic growth

Outlook for 2019-23: Inflation

Outlook for 2019-23: Exchange rates

Outlook for 2019-23: External sector

Outlook for 2019-23: Forecast summary

Data and charts: Annual data and forecast

Data and charts: Quarterly data

Data and charts: Monthly data

Data and charts: Annual trends charts

Data and charts: Monthly trends charts

Data and charts: Comparative economic indicators

Basic data
Land area
Main regions
Weather in Muscat (altitude 5 metres)
Public holidays

Political structure
Official name
Form of state
Head of state
Main political parties
Adviser of the sultan
The government
Key ministers
Central bank executive president
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