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  1. Oman
    2021 Article IV consultation : press release; staff report; and statement by the Executive Director for Oman
    Published: September 2021
    Publisher:  International Monetary Fund, Washington, D.C.

    Sultan Haitham ascended to the throne in January 2020 and has committed to implementing strong fiscal and structural reforms to address longstanding vulnerabilities. In addition to persistent fiscal deficits arising from incomplete adjustment to... more

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    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
    Unlimited inter-library loan, copies and loan

     

    Sultan Haitham ascended to the throne in January 2020 and has committed to implementing strong fiscal and structural reforms to address longstanding vulnerabilities. In addition to persistent fiscal deficits arising from incomplete adjustment to lower oil prices since 2015, Oman faced twin shocks from the COVID-19 pandemic and a collapse in oil prices in 2020 that amplified fiscal and external vulnerabilities. The authorities moved rapidly to contain the spread of COVID-19 infections and provided broad-based policy measures to limit its impact on the economy. In addition, frontloaded fiscal consolidation has been implemented in the 2021 budget as part of the authorities' Medium-Term Fiscal Plan (MTFP) which aims to eliminate the fiscal deficit over the medium term. Banks have high capital buffers and liquidity, but credit risk is a concern going forward. Structural reforms have been accelerated under Oman Vision 2040 to boost non-oil private sector growth and facilitate job creation

     

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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781513596020
    Other identifier:
    Series: IMF country report ; no. 21, 206
    Subjects: staff appraisal; Omani authorities; government financing; hydrocarbon revenue; liability positions vis-à-vis nonresident; Oil prices; Fiscal stance; Global; Middle East; International Agreements; International Organizations; Monetary Policy; Observance
    Scope: 1 Online-Ressource (circa 94 Seiten), Illustrationen
  2. Oman
    2021 Article IV consultation : press release; staff report; and statement by the Executive Director for Oman
    Published: September 2021
    Publisher:  International Monetary Fund, Washington, D.C.

    Sultan Haitham ascended to the throne in January 2020 and has committed to implementing strong fiscal and structural reforms to address longstanding vulnerabilities. In addition to persistent fiscal deficits arising from incomplete adjustment to... more

    Access:
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    Sultan Haitham ascended to the throne in January 2020 and has committed to implementing strong fiscal and structural reforms to address longstanding vulnerabilities. In addition to persistent fiscal deficits arising from incomplete adjustment to lower oil prices since 2015, Oman faced twin shocks from the COVID-19 pandemic and a collapse in oil prices in 2020 that amplified fiscal and external vulnerabilities. The authorities moved rapidly to contain the spread of COVID-19 infections and provided broad-based policy measures to limit its impact on the economy. In addition, frontloaded fiscal consolidation has been implemented in the 2021 budget as part of the authorities' Medium-Term Fiscal Plan (MTFP) which aims to eliminate the fiscal deficit over the medium term. Banks have high capital buffers and liquidity, but credit risk is a concern going forward. Structural reforms have been accelerated under Oman Vision 2040 to boost non-oil private sector growth and facilitate job creation

     

    Export to reference management software   RIS file
      BibTeX file
    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781513596020
    Other identifier:
    Series: IMF country report ; no. 21, 206
    Subjects: staff appraisal; Omani authorities; government financing; hydrocarbon revenue; liability positions vis-à-vis nonresident; Oil prices; Fiscal stance; Global; Middle East; International Agreements; International Organizations; Monetary Policy; Observance
    Scope: 1 Online-Ressource (circa 94 Seiten), Illustrationen