Oman is finding way out of its budget distress without a bailout
Published 10 Mar,2021 via Bloomberg Politics & Policy - Cash-strapped Oman is getting a shot at redemption with investors without recourse to a bailout from wealthier neighbors.
A year after the sultanate’s bonds approached distressed territory and its government discussed the possibility of financial aid from other members of the Gulf Cooperation Council, it’s following through on a turnaround plan that enables it to go it alone, according to JPMorgan Chase & Co.
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Archana Narayanan