With few fiscal or foreign currency reserves to fall back on, Oman is headed for a 29 per cent increase in gross debt in 2020
MEED's latest Oman special report includes:
> Comment: Oman heads into unchartered waters
> Government: New sultan decentralises power
> Banking: Lenders delay the pain until 2021
> Upstream: Oman advances upstream sector with foreign help
> Downstream: Oman strengthens its downstream potential
> Utilities: Power and water sector at crossroads
> Construction: Oman construction shows tempered resilience
> Industry: Fiscal risks hurt Oman's industrial projects
> Databank: Sultanate heads for protracted recession
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