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IMF predicts Oman's economy to grow 5% in 2012
- Oman: Thursday, November 01 - 2012 at 01:41
The International Monetary Fund (IMF) has said Oman's gross domestic product (GDP) growth is expected to slow to 5% this year from 5.4% in 2011, Muscat Daily has reported. The sultanate's economic growth is also predicted to slow further to 3.9% in 2013, the IMF said. Oman's fiscal surplus will reach 7.1% of GDP in 2012, down from 8.1% last year, it said.
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