Oman: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Oman
IMF Staff Country Reports, January 15, 2026
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- Oman: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Oman
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Bibliographic details
- Published: January 15, 2026
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229035347.002
Key findings and macroeconomic highlights
- As its reform agenda advances under Oman Vision 2040, Oman demonstrated strong resilience to heightened global uncertainty, renewed geopolitical tensions, and oil price fluctuations in 2025.
- Nonhydrocarbon economic activities continue expanding.
- Inflation remains low.
- Fiscal and external positions remain solid despite lower oil proceeds.
- Public sector deleveraging continues.
- With heightened uncertainty and weaker oil prices, the premium on strengthening resilience and accelerating the country’s economic transformation has increased, underscoring the importance of sustaining the reform momentum.
Policy priorities and recommendations
- Sustain the reform momentum under Oman Vision 2040 to support economic transformation.
- Strengthen macroeconomic resilience to cope with heightened global uncertainty and weaker oil prices.
- Accelerate diversification away from hydrocarbons by supporting nonhydrocarbon sectors that are already expanding.
- Continue public sector deleveraging to preserve fiscal sustainability given lower oil proceeds.
Subjects and thematic coverage
- Commodities
- Financial sector policy and analysis
- Financial sector stability
- Oil
- Oil prices
- Prices
- Public debt
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- 1omnea2026001 Source Pdf