Oman Debt to GDP Ratio Halves to 30%
Oman's debt-to-GDP ratio has decreased from 60% to over 30% within the last three to four years. The government is prioritizing oil-driven GDP growth, which is currently performing at approximately 3% to 4%. Additionally, six large state-owned companies have undergone IPOs in the stock market over the last 18 months. The country is positioned as a potential beneficiary of ongoing regional conflicts due to these macroeconomic fundamentals.
Topics
Developing
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Sources · 7 independent
RTHK Radio 3 HK
“In the last three or four years, they emerged from in a very strong economic position that debt to GDP has half from 60% over 30%.”
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