Oman's monetary and financial situation stable

Published May 7th, 2006 - 06:17 GMT
Al Bawaba
Al Bawaba

Oman's monetary and financial situation remained stable and growth supportive during March 2006. According to Oman News Agency, this was supported by a high growth rate, moderate inflation rate and excess in the public finance and balance of payments. 

 

Money supply M1 and M2 posted an increase of 22.2% and 20.3% respectively at the end of March 2006.