The total value of personal loans also increased by 2.9% to reach RO8.3 billion, while the average interest rate on total loans increased by 5.2% compared to 4.9% at the end of the second quarter of 2017.
Total public expenditure went up by 5.7% to reach RO6 billion.In the foreign trade indicators, the report indicates that the trade balance at the end of the second quarter of 2018 increased by RO1.2 billion to reach RO2.7 billion. EN Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). In 2018, Oman's real gross domestic product increased by around 1.76 percent compared to the previous year. Join our channel https://t.me/OmanObserverNews in your Telegram and stay updated2020 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA)Copyright ©️ 2020 ONATo get free breaking news and updates from Oman Observer, WhatsApp your name and email to 96473232.
on VW aims to sell 1.5m electric cars in China by 2025 on US auto sales fall in July as carmakers slash rental fleet sales on Muscat’s upscale diner goes local with authentic Omani spread on Häagen-Dazs opens first exclusive outlet in Oman Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress.Economic growth is set to modestly recover over the medium term with Over the longer term, pro-business reforms such as foreign ownership, FDI, SME support and PPP laws are expected to increase trade and investment. Within services the largest segments are: wholesale and retail trade (8 percent of GDP); public administration and defense (7 percent) and transport, storage and communication (6.8 percent). 24/11/2018 Oman Observer Muscat: The Sultanate’s Gross Domestic Product (GDP) at current prices recorded a growth of 15.1 per cent while the value added of non-oil activities increased by 5.1 per cent and those of oil by 37.1 per cent, according to data released by the National Centre for Statistics and Information (NCSI). This statistic shows the distribution of the gross domestic product (GDP) across economic sectors in Oman from 2009 to 2019. Click to email this to a friend (Opens in new window) on Sharp full-year loss shrinks 90 per cent after Hon Hai deal on Oil prices steady as Russia recommits to output cuts on US import prices barely increase; wholesale inventories rebound on Automakers race to next level of not quite self-driving cars on Van Gogh painting stolen from Dutch museum closed by coronavirus on Austrian Handke and Pole Tokarczuk win Nobel prizes for literature on Oman-based author launching haunting WWII themed book in Oman soon on Influenza with pandemic potential still remains on Excessive thinking can lead to serious health issues: Royal Hospital on Boost to private healthcare in Oman with new terms for treatment abroad on Russians in cold sweat with mobile saunas for rent on Head of hospital dies in coronavirus epicenter Wuhan on Chinese cars finally making inroads in Western markets?
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ONATo get free breaking news and updates from Oman Observer, WhatsApp your name and email to 96473232. Muscat: The Sultanate’s Gross Domestic Product (GDP) at current prices recorded a growth of 15.1 per cent while the value added of non-oil activities increased by 5.1 per cent and those of oil by 37.1 per cent, according to data released by the National Centre for Statistics and Information (NCSI).The quarterly analysis of the economic situation of the Sultanate revealed that the GDP at current prices increased from RO12.8 billion at the end of the second quarter of 2017 to RO14.7 billion at the end of the second quarter of 2018. The main social concern for Oman is the lack of jobs and the adverse effects of subsidy reform on vulnerable households.
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