The Omani Ministry of Economy revealed that the non-oil sectors achieved real growth of 4.5 percent in an annual comparison, which balanced the effects of the decline in the value added of oil activities, and contributed to the continuation of real growth of the economy at a rate of 1.7 percent.
According to the ministry, the contribution of non-oil activities to GDP between January and March at constant prices amounted to 6.8 billion riyals ($ 17.7 billion), while at current prices it amounted to about $ 18.73 billion. Growth rose by 6.5 percent for agriculture, forestry, and fishing activities, 5.7 percent for industrial activities, and 3.9 percent for service activities compared to the same period a year ago.
Source (Al-Arab Newspaper of London, Edited)
