MUSCAT: The Omani Economic Association (OEA) held a virtual meeting on Saturday with the International Monetary Fund delegation within the framework of its annual visit which started on Monday and will continue till June 6.
The visit of the IMF’s delegation comes within the framework of Article IV consultations, during which the delegation meets with officials from the Ministry of Finance, the Ministry of Economy, the Central Bank of Oman (CBO), the State Council and the Omani Economic Association.
The IMF delegation was led, during the meeting, by Dr Daniel Stanley while the OEA delegation was headed by Dr Khalid bin Said al Amri, Chairman of OEA Board of Directors.
At the outset of the meeting, Al Amri reviewed the economic and financial developments in the Sultanate for the current year, the future expectations and the government measures to contain the Covid-19 pandemic.
Al Amri spoke about the economic and financial improvements including the Medium Term Fiscal Balance Plan (2021-2024), the Economic Stimulus Plan (ESP), the economic diversification strategy and the 10th Five-Year Development Plan.
Dr Khalid bin Said al Amri, Executive Chairman of OEA, noted that the meeting, which was attended by economic experts from the OEA board of directors and its members, focused on taking the OEA visions with regard to the economic and financial developments in the Sultanate, and the future outlook of the Sultanate’s economy. He added that the IMF recommended holding public dialogue before passing any law and to shed light on such dialogues by wide media participation. — ONA
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