IMF Staff Concludes Staff Visit to Oman

Washington, DC: A staff team from the International Monetary Fund (IMF), led by Mr. César Serra, visited Muscat, Oman, during May 21-29, 2025, to discuss economic and financial developments, the outlook, and the country’s policy priorities.

• The economy continues expanding, driven by ongoing investments in logistics, manufacturing, renewable energy, and tourism, while inflation remains low.
• The direct impact of global trade tensions on Oman is expected to be limited; however, lower oil prices and the potential slowdown in key trading partners’ growth are projected to weigh on Oman’s outlook.
• The momentum of structural reforms remains strong, supporting Oman’s ability to navigate the challenging external environment and accelerate diversification