Embracing Digitalization to Accelerate Oman's Economic Transformation: Oman

Motivated by Oman’s economic transformation agenda, this paper: (i) takes stock of the state of digitalization in Oman; (ii) provides an illustration of potential gains from enhanced digitalization; and (iii) highlights policy priorities that can support the authorities ...
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Volume/Issue: Volume 2025 Issue 036
Publication date: April 2025
ISBN: 9798229008273
$15.00
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Topics covered in this book

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Labor , Economics- Macroeconomics , Demography , credit guarantees , entrepreneurship , foreign investment , global value chains , skill building , SME policy , technology policy , training , Income , Infrastructure , Digitalization , Civil service , Fintech , Digital economy , Public employment , Public sector

Summary

Motivated by Oman’s economic transformation agenda, this paper: (i) takes stock of the state of digitalization in Oman; (ii) provides an illustration of potential gains from enhanced digitalization; and (iii) highlights policy priorities that can support the authorities endeavors in advancing their digitalization agenda. The findings suggest that while Oman has progressed well on some aspects of digitalization, it still needs to deploy additional investments and efforts to match its GCC peers on several other aspects and accelerate its economic transformation.