Oman's GDP grew by 8.3 per cent in 2012

Oman's GDP grew by 8.3 per cent in 2012, faster than the seven per cent target

Oman's gross domestic product, adjusted for inflation, grew an estimated 8.3 per cent last year.

This was faster than the Government's target of seven per cent, Reuters quotes the country’s Finance Minister, Darwish al-Balushi, as saying.

Balushi reportedly told a news conference that heavy government spending had boosted growth.