Oman banks on SMEs, tourism to revive economy

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Mon, 2020-10-05 10:32

DUBAI: Oman is banking on its non-oil sectors, including small-to-medium enterprises and tourism, to revive the local economy, national daily Times of Oman has reported.
The Oman Chamber of Commerce and Industry has predicted a 2.5 percent economic growth next year.
“We feel that by next year the COVID-19 pandemic will be over, and this means we could actually have some growth,” Ahmed Al-Hooti, the Chamber’s head of economic research, said.

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