Business & Finance

Oman Central Bank sees GDP growth of 5pc in 2011

MUSCAT : Oman central bank sees the oil producer's economy growing by 5 percent in real terms this year, while inflation
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"We are expecting real GDP (gross domestic product) growth of 5 percent this year, especially because of higher oil production and non-oil GDP growth is good so far and the retail sector is picking up," the official, who asked not to be named, told Reuters.

 

Copyright Reuters, 2011