Oman sets up committee to ensure financial stability | Reuters:
"Oman's government and regulators have set up a "financial stability committee" to monitor and manage risks in the banking and capital markets, the Gulf nation's finance ministry said on Wednesday.
The creation of the committee follows a suggestion by the International Monetary Fund last year that Oman's authorities "should articulate a formal mandate over financial stability".
The Supreme Committee for Financial Stability includes the chief executive of the Capital Market Authority, representatives from the finance ministry and the ministry of commerce and industry, and the head of the central bank's financial stability unit."
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