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Consultancy to Support Establishing of Sub National Fishery Governance Committees (GAF) - Yemen

Consultancy to Support Establishing of Sub National Fishery Governance Committees (GAF) - Yemen
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AP: Additional 10 Lakh R&R Package For Project Displaced Families

Amaravati: The AP cabinet approved for sanction of an additional 10 lakh R&R package to project displaced families. He said that the cabinet has approved sanction of one motor vehicle inspector, one junior assistant/ senior assistant and three home guard posts for new unit office at Punganuru in Chittoor district. He said the cabinet also approved Andhra Pradesh Bovine

Oman economy expects to grow by nearly 8 per cent in 2022

Oman economy expects to grow by nearly 8 per cent in 2022 14 Jan 2021 A general view of Oman. File/ Reuters Oman’s economy is predicted to grow by 7.9 per cent in 2022, according to a new report from the World Bank, placing it among the world’s countries expected to grow fastest. The World Bank’s Global Economic Prospects, which was published in January 2021, and forecasts the growth of developing countries around the world, Oman’s predicted rate also places it at the front of the GCC countries, in terms of potential growth. At 11.8 per cent Niger is expected to grow fastest, according to the report. It is primarily African and Arab economies that are forecast to expand the most in 2022. Oman aside, the other countries forecast to grow are the Maldives (11.5 per cent), Ethiopia (8.7 per cent), Fiji (8.2 per cent), Iraq (7.3 per cent) and Djibouti (7.2 per cent).

Oman: Ministry of Economy launches 10th five-year plan

Muscat: Oman Ministry of Economy has published details about the tenth five year plan (FYP), 2021-2026, which will also form the base budget for National Vision 2040. Per the file published Tourism sector has taken a back seat, compared to other key sectors which has received more focus. High targets have been set for Education, Manufacturing, Transport and Logistics, Fishery Wealth and Mining. Oman has set a target of 2.5 per cent for Tourism towards country’s Gross Domestic Product (GDP) in the new FYP, which is lower than the 3.3 per cent set during the previous five-year plan 2016-2020. Among others, Oman’s tourism sector was one of the most affected sectors in 2020 due to COVID-19 pandemic. The Ministry of Heritage and Tourism estimated the sector’s direct losses at about RO 500 million till the end of September 2020. Domestic tourism in Oman is seeing an uptick currently as the cooler months are in fray with restrictions still in tow to travel abroad.

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