Forum on economic crisis starts in Salalah

Salalah: A forum on “Crisis Management in the Light of Economic Changes” plans to discuss measures that may be taken to limit the effect of the current economic crisis resulting from oil price drop.
The forum began yesterday at Salalah Crowne Plaza hotel under the auspices of Sheikh Khalid bin Omar Al Marhoon, Minister of Civil Service.
Economic experts and specialists from the Sultanate and Gulf Cooperation Council countries, in addition to some academics and representatives of the public and private sector organisations, are participating in the three-day forum, organized by Al Morajea Training Services Office.
Ahmed bin Ufait Al Ma’ashani, General Supervisor of the Forum, said the forum aims at discussing the economic crisis resulting from oil price drop.
Dr. Saleh Al Talib, a stock expert at Muscat Securities Market (MSM), delivered a speech on implications of the economic crisis for the world and the high risk it poses to the global economy.
He added that the financial crisis may turn into an economic, social and political crisis if not properly addressed.
The first panel discussion on “Crisis: Concept and Reasons,” witnessed participation of Dr. Waheed Al Balushi, Adviser for the Excellence Project at the Diwan of the Bahraini Prime Minster, Dr Saleh bin Said Masan, Head of the Economic Committee at Majlis Al Shura, Eng. Salem bin Said Al Ghatami, former chairman of the Oman Chamber of Commerce and Industry (OCCI) and Dr Saleh Al Talib from the MSM.
The forum includes specialised workshops on early warning about economic crisis and proper means to address such crisis.
The final session of the forum will cover crisis leadership and the strategy to address it.