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Oman GDP growth to cross 5 per cent this year, says Cluttons report
February 17, 2018 | 11:21 PM
by ONA
The report, prepared by the research division of the British corporation Cluttons, said that natural gas production and the opening of the new airport in Muscat would create the most remarkable growth in Oman’s economy since 2015. Photo-File
 
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London: The Sultanate’s Gross Domestic Product (GDP) growth is expected to touch 5.2 per cent in 2018, according to a new report.

The report, prepared by the research division of the British corporation Cluttons, said that natural gas production and the opening of the new airport in Muscat would create the most remarkable growth in Oman’s economy since 2015.

The government efforts to diversify the sources of income and development projects would aid growth, which in turn would help stabilise the real estate market. The upcoming new Muscat International Airport would have passengers handling capacity of over 12 million annually, the report added.



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