Tue, Sep 23, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Emerging Trends, Islamic Law / Economics, Performance more

Oman growth may halve to 3pc

Posted on 25 March 2009

From Tradearabia.com: Oman’s real growth in gross domestic product could fall by as much as half to around 3 percent in 2009 as the financial crisis bites, the sultanate’s central bank governor said.

Hamood Al-Zadjali told Reuters on the sidelines of a banking conference in Bahrain that inflation was set to fall to around 6 percent on average this year after hitting double digits in 2008, while credit growth was expected to ease to around 20 percent due to the economic slowdown…..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930