Oman unveils $20bn economic stimulus as virus burden looms - Arabianbusiness:
Oman's central bank on Wednesday unveiled a $20 billion incentive package for financial institutions to combat the impact of the new coronavirus on the local economy.
The series of measures are expected to provide OR8 billion in additional liquidity to the country's financial institutions, the central bank said in a tweet.
Oman is the latest Gulf country to launch an economic stimulus package as the virus threatens to hit trade, supply chains, travel and tourism hard across the world.
Earlier, Oman announced that all restaurants will close from midday on Wednesday.
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