Oman
Engages in World Bank-IMF Annual Meetings to Strengthen Global Economic
Partnerships

Washington,
13 Oct (ONA) — The Sultanate of Oman is actively participating in the 2025 Joint
Annual Meetings of the World Bank Group and International Monetary Fund in
Washington D.C. this week.

The
high-level delegation, led by Sultan bin Salim Al Habsi, Minister of Finance,
is engaging in critical discussions on global economic outlook, sustainable
development initiatives, and contemporary financial challenges facing the
international community.

The
ministerial meetings are addressing strategic mechanisms to enhance Oman’s
partnerships with international financial institutions and credit rating
agencies, while exploring avenues for expanded cooperation with global banking
institutions and IMF technical advisory services.

In
a significant development on the sidelines of the meetings, Al Habsi will
formalize an agreement with the World Bank Group to establish a comprehensive
country office in Oman. This strategic representation will encompass the
Group’s key institutions: the International Bank for Reconstruction and
Development, International Development Association, International Finance
Corporation, and Multilateral Investment Guarantee Agency.

The
Omani delegation’s agenda includes participation in the annual consultation
between Arab Finance Ministers and the World Bank President, focusing on
regional economic priorities and development trajectories across Arab nations.
The delegation will also conduct a series of bilateral meetings with
international counterparts and leading financial institutions to strengthen
cooperative frameworks and address shared economic interests.

—
Ends/Khalid