Bold and Intriguing Reforms in Post-Qaboos Oman

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Bold and Intriguing Reforms in Post-Qaboos Oman

by Gulf State Analytics

7 July 2022

In this paper we discuss:

1. Major economic challenges facing Sultan Haitham since ascending to power in early 2020;
   
2. Significant reforms to administrative as well as institutional structures;
   
3. The unveiling of a four-year Medium-Term Fiscal Plan in November 2020 aiming to significantly raise non-oil revenues by 2024; and
   
4. Oman’s decision to impose an income tax on high earners.

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