Bloomberg News

Oman Aims for GDP Growth of 5%, Inflation of 4%, Balushi Says

October 10, 2011

Oct. 10 (Bloomberg) -- Oman expects its economy to grow 5 percent and the inflation rate to be 4 percent over the current five year plan, said Darwish Al Balushi, the minister responsible for financial affairs.

The non-OPEC oil exporting nation expects investments in infrastructure, energy and tourism to be around 30 billion rials over the same period, he said in Muscat today.

To contact the reporter on this story: Anthony DiPaola in Dubai at

To contact the editor responsible for this story: Inal Ersan at

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