MUSCAT: An International Monetary Fund (IMF) mission has begun its 2026 Article IV consultation with the Sultanate of Oman, marking the start of a comprehensive review of the country’s economic, financial and monetary developments.
The mission, which will continue until mid-June, forms part of the IMF’s regular surveillance process conducted under Article IV of its Articles of Agreement. The consultations are a key component of the long-standing cooperation between Oman and the IMF, supporting efforts to strengthen economic resilience, promote sustainable growth and safeguard financial stability.
During the visit, IMF officials will hold a series of meetings with representatives from the Central Bank of Oman, the Ministry of Finance, government institutions and private sector organisations. Discussions will focus on recent economic performance, the outlook for growth, financial sector developments and the broader macroeconomic environment.
The consultations will also examine the potential implications of regional and global economic trends on Oman’s economy, while reviewing the effectiveness of current fiscal and monetary policies. Additional topics on the agenda include labour market developments, social protection programmes, economic and financial stimulus measures and policy priorities for the next phase of the Sultanate’s economic transformation.
The Article IV consultations provide an important platform for policy dialogue and the exchange of views on measures aimed at enhancing economic competitiveness, maintaining financial stability and supporting long-term sustainable development.
The IMF mission is scheduled to conclude its visit on June 15, when it will present its preliminary findings and observations to the relevant authorities. A final statement outlining the mission’s assessment and recommendations will be issued afterwards.— ONA
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