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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
Population
Main regions
Climate
Weather in Muscat (altitude 5 metres)
Languages
Measures
Currency
Time
Public holidays

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