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Monetary union deadline 'unfeasible'
- Oman: Thursday, December 14 - 2006 at 06:33
Oman believes a Gulf Arab monetary union by 2010 is unworkable, a senior government official told Reuters. Deputy minister of the national economy, Abdul Malek bin Abdullah Al Hinai, told the news agency that prerequisites to a common currency such as a customs union and a common market have still not been completed, making the deadline unfeasible.
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James McInerney, News EditorThursday, December 14 - 2006 at 06:33 UAE local time (GMT+4)
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