Oman banks on SMEs, tourism to revive economy

Oman banks on SMEs, tourism to revive economy

Oman banks on SMEs, tourism to revive economy

Oman banks on SMEs, tourism to revive economy

An official said they are observing a positive trend when it comes to local tourism. (FIle/Shutterstock)

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Oman banks on SMEs, tourism to revive economy

The Oman Chamber of Commerce and Industry has predicted a 2.5 percent economic growth next year

Omani government data suggests that 77 percent of COVID-19 cases in the country are mainly from three governorates

Updated 05 October 2020

DUBAI: Oman is banking on its non-oil sectors, including small-to-medium enterprises and tourism, to revive the local economy, national daily Times of Oman has reported.

The Oman Chamber of Commerce and Industry has predicted a 2.5 percent economic growth next year.

"We feel that by next year the COVID-19 pandemic will be over, and this means we could actually have