The reform challenge: What Oman (and others) might learn from Egypt
Parallels in experience may offer guideposts for managing change.
First up: Oman’s steady, if bumpy, transition
Sultan Haitham bin Tariq Al Said inherited an economy in trouble when he succeeded Sultan Qaboos in January 2020. Oman’s gross domestic product had contracted by 0.8% in 2019, burdened by a bloated bureaucracy, massive debt and deficits, and low oil prices. And then COVID-19 hit.
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