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Support fund saved Oman

Posted on 19 October 2009

From Menafn.com: The Sultanate has used $300 million out of the $2 billion ‘Support Fund’ to help domestic companies wriggle out of the recession and may not require the balance $1.7 billion as the economy has been fast recovering from the impending financial crisis, central bank governor Hamood Sangour Al-Zadjali said here yesterday.

He was attending a meeting of Gulf policymakers in Muscat, which was also attended by officials from the International Monetary Fund (IMF). ………….Full Article: Source


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