Oman’s GDP up by 12 percent in 2018

Times of Oman | Jul 13, 2019 at 4:33 PM
  • The total outstanding credit extended by ODCs increased year on-year by six percent to OMR 25.6 billion at the end of April 2019. Credit to the private sector at OMR 22.4 billion witnessed a growth of 4.4 percent as at the end of April 2019.
  • Total deposits held with ODCs increased by 4.8 percent to OMR 23 billion with private sector deposits growing by 3.9 percent to RO 14.6 billion as at the end of April 2019.
  • Sector-wise, the contribution of households in total private sector deposits was 50.4 percent, followed by non-financial corporations at 29.6 percent, financial corporations at 17.6 percent, and the other sectors at 2.5 percent.