Government push essential to Oman’s diversification plan, but oil market rout will weigh

Government push essential to Oman’s diversification plan, but oil market rout will weigh

**Written and disseminated to select contacts on March 12, 2020**

The accession of Sultan Haitham bin Tariq al-Said in Jan injected new vigour into a much needed but potentially unpopular reform process. A top-down political and economic reform agenda will be implemented, with a view to spurring foreign investment in multiple sectors.

Rachna Uppal |Senior Analyst Business & Finance Gulf | r.uppal@castlereagh.net