Oman's minister of finance forecast on Saturday GDP in real terms for 2010 at 6.1 percent, and inflation at 3.5 percent, without giving comparative figures for the previous year. Ahmad Mekki, who is also the minister of national economy, told reporters that Oman's total debt as of the end of 2009 stood at 722 million Omani riyals ($1.88 billion), with domestic debt accounting for 252 million riyals of the total figure.
He also said there were no plans to ditch Oman's currency peg to the dollar or to join the Gulf Co-Operation Council Monetary Union at any point in the future.
On Dec. 13 Mekki said he expected the country's economy to have grown by 1-2 percent in 2009, hit by lower oil prices in the second quarter. [ID:nLDE5BC01D]
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