In Financial Services
Creative finance: Tahir bin Salim Al Amri, Executive President, Central Bank of Oman (CBO), on economic projections and financial innovation
Interview: Tahir bin Salim Al Amri
What are the expectations for inflation in Oman?
TAHIR BIN SALIM AL AMRI: Inflation has remained benign despite a sharp increase in prices globally, mainly due to the exchange rate peg, a cap on retail oil prices and tax exemptions on key items. Overall, we expect inflationary pressure to remain low, notwithstanding some risks from commodity price volatility caused by recent geopolitical developments. Potential inflationary risk would be linked to the US Federa…