I have no references to this information except the Internet and I can't seem to find the pages where I got it from, so all those who are about to debate with me - please forgive me.
I had read sometime - not too long ago - that the financial status of the country is positive during May and June. Although, at the same time, the Central Bank of Oman - CBO - issued a statement saying that the level of inflation in Oman had reached 3.2%. Whereas the level of inflation in the Kingdom of Saudi Arabia is 2.6%.
How is it possible to give out such a positive and contradictory statement about the economy is beyond me. Especially after the blow of a disaster such as Gonu.
Does anyone have an explanation?
Thursday, July 26, 2007
Posted by Sleepless In Muscat at 01:21