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Oman Announces Economic Relief Measures For Businesses

The government of Oman has announced a set of economic relief measures aimed at supporting businesses and key sectors affected by ongoing geopolitical developments.

The package, issued under Royal directives and announced by the Government Communication Center, is designed to maintain economic stability, protect supply chains and strengthen food security across the country.

Among the key measures is a decision to stabilise electricity tariffs for food security-related establishments at 12 baisas per kilowatt-hour, regardless of consumption levels, until December 2026.

The government has also approved financial support for maritime transport of essential food imports from Indian ports for six months, in an effort to ensure continuous supply of basic commodities and reinforce national food networks.

In the construction and tourism sectors, customs duties on imported rebar steel will remain fixed at five percent until the end of the year. In addition, the collection of a four percent tourism levy from affected hospitality businesses will be postponed for three months.

Authorities also said they are considering the possibility of deferring loan repayments for small and medium-sized enterprises impacted by current conditions, as part of broader efforts to ease financial pressure and support business continuity.

Officials said the measures reflect a coordinated government response aimed at reducing external economic shocks while safeguarding domestic growth and stability.

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