OMAN: SLUGGISH ECONOMIC RECOVERY MAY PROMPT FURTHER UNREST IN 2021
Wed, 24 February 2021
The COVID-19 pandemic and oil price volatility have triggered tremendous challenges for Oman’s economy and public finances over the past year. While ongoing fiscal adjustment and structural reforms may help the economy withstand the negative impact on Oman’s longer term economic trajectory, the risk of public protests will rise, particularly amid an anticipated sluggish economic recovery and public spending cuts.
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