Oman Participates in GCC-IMF Meeting to Discuss Economic Challenges

Oman, 04 October, 2024 : Oman participated in a joint meeting of GCC finance ministers and central bank governors with the International Monetary Fund (IMF) in Doha, Qatar, today. The Omani delegation, led by Sayyid Taimur bin Asa’ad Al Said, Chairman of the Central Bank of Oman, included representatives from both the Central Bank and the Ministry of Finance.

The meeting focused on significant global economic developments and conditions within GCC states, as well as priorities of the IMF. A working paper titled "Economic Challenges and Policies in GCC States in Light of Geopolitical Conditions" was reviewed, highlighting the resilience of GCC economies to economic shocks and improvements in the non-oil sector over the past year. The discussion also covered the performance of monetary, fiscal, and structural policies within the region.

Source : www.omannews.gov.om