Government Spending Bodes Well For Growth

July 2011
Middle East Monitor: The Gulf;Jul2011, Vol. 11 Issue 7, p1
Country Report
The article presents an analysis of the economic impact of the increase in government spending to control social unrest in Oman. It predicts that the government's plan to increase spending in 2011 and focus on job creation and public wages will stimulate household consumption and investment. It is inferred that increased spending will also promote Oman's real gross domestic product (GDP) growth and lead to a strong private sector recovery.


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