Inside Oman's Economic Reform Plan

Inside Oman's Economic Reform Plan

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The video discusses Oman's economic situation, focusing on its budget deficit due to reliance on oil revenue and the impact of fluctuating oil prices. It highlights the 2017 budget's conservative oil price assumption and the need for new government roles due to population growth. The performance of Oman's stock exchange is analyzed, noting its poor performance and potential overbought status. Future catalysts for economic growth include oil prices and large infrastructure projects, such as a new airport and highway, with increasing interest from China in Omani infrastructure.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the budget deficit of Oman as a percentage of GDP in 2016?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways is Oman trying to attract investors despite its economic challenges?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the drop in oil prices affected Oman's budget deficit?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the large infrastructure projects mentioned that are coming to fruition in Oman?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the new airport in Muscat for Oman's economy?

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