IMF Staff Country Reports

Oman: Selected Issues

January 29, 2024

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Format: Chicago

Oman: Selected Issues, (USA: International Monetary Fund, 2024) accessed July 9, 2025

Also available in: العربية

Summary

This Selected Issues paper revisits the exposure of Oman’s fiscal position to an array of potential risks, zooming in on the impact of oil price volatility and potential risks stemming from state-owned enterprises. It documents actions taken by Omani policymakers to mitigate the impact of fiscal risks and provides further recommendations on fiscal risk disclosure and management. Better understanding of fiscal risks, combined with their transparent reporting and effective risk management underpin fiscal credibility and the sustainability of public finances. The annual budget can disclose guarantees, related beneficiaries, the expected duration, and the intended purpose. It is essential to identify and disclose the main fiscal risks from climate-related events and Oman’s climate agenda, both in qualitative and quantitative terms. Effective fiscal policymaking and fiscal risk management require appropriate coordination of decision making between central government and other parts of the public sector.

Subject: Capital markets, Financial markets, Financial sector development, Fiscal risks, International organization, Monetary policy, Production, Productivity, Public financial management (PFM), Securities markets

Keywords: Banking sector concentration, Banking sector overview, Capital markets, Fed policy rate hike, Financial sector development, Fiscal risks, Global, Government bond bond market, Government bond market in Oman, Passthrough regression, Productivity, Productivity gain, Securities markets

Publication Details

  • Pages:

    53

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2024/032

  • Stock No:

    1OMNEA2024002

  • ISBN:

    9798400266287

  • ISSN:

    1934-7685

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