Oman’s Ministry of Finance participated in the 126th meeting of the Gulf Cooperation Council Financial and Economic Cooperation Committee in Bahrain. The discussions covered regional financial and economic integration, including the GCC common market, customs union and tax coordination, as well as developments in free trade agreement negotiations with other countries and international groups. Finance Minister Sultan bin Salim Al Habsi led Oman’s delegation and joined Central Bank of Oman Governor Ahmed bin Jaafar Al Musalmi in a separate meeting with GCC finance ministers, central bank governors, the GCC secretary-general and the International Monetary Fund managing director. That meeting examined the fiscal and economic outlook and recent developments across GCC countries.
Oman’s Ministry of Finance reviews GCC financial and economic integration priorities
Oman’s Ministry of Finance reviewed GCC integration priorities at a regional committee meeting in Bahrain, including the common market, customs union, tax coordination and free trade negotiations. Finance Minister Sultan bin Salim Al Habsi and Central Bank of Oman Governor Ahmed bin Jaafar Al Musalmi also discussed the GCC fiscal and economic outlook with regional counterparts and the IMF managing director.