| Oman’s Tax Capacity and Effort: Empirical Evidence, Benchmarking, and Policy Options | | https://authoring.bnet.om/english/Reports/Pages/Oman-Tax-Capacity-and-Effort-Empirical-Evidence-Benchmarking-and-Policy-Options.aspx | 12/28/2025 8:00:00 PM | Oman’s Tax Capacity and Effort: Empirical Evidence, Benchmarking, and Policy Options | | | | https://publishing.bnet.om/sites/assets/Documents/English/Publications/OccasionalPapers/Policy%20Brief%203-2025%20Oman%E2%80%99s%20Tax%20Capacity%20and%20Effort.pdf | <div style="text-align:justify;"><span class="ms-rteThemeFontFace-1 ms-rteFontSize-3">Policy Brief 3/2025<br></span></div><div style="text-align:justify;"><span class="ms-rteThemeFontFace-1 ms-rteFontSize-3"><br>This study assesses Oman’s tax capacity and tax effort
within the context of its ongoing fiscal transformation under Oman Vision 2040
and the Medium-Term Fiscal Plan. Against a backdrop of historically high
reliance on hydrocarbon revenues and exposure to oil-price volatility, the
analysis seeks to quantify how much non-oil tax revenue Oman can realistically
and sustainably mobilize, given its economic structural characteristics and
institutional capacity, and to benchmark performance against comparable hydrocarbon-dependent
economies. The
findings further highlight opportunities to strengthen existing revenue
instruments and tax administration, thereby supporting a well-sequenced
implementation of forthcoming reforms.”<br></span></div> |
| Enhancing Official Reserves of Gold in Light of International Developments | | https://authoring.bnet.om/english/Reports/Pages/Enhancing-Official-Reserves-of-Gold-in-Light-of-International-Developments.aspx | 12/27/2025 8:00:00 PM | Enhancing Official Reserves of Gold in Light of International Developments | | | | https://publishing.bnet.om/sites/assets/Documents/Arabic/OccationalPapers/Policy%20Brief%202-2025%20Gold%20Reserve.pdf | <div style="text-align:justify;"><span class="ms-rteThemeFontFace-1 ms-rteFontSize-3">(Arabic Version Only)<br></span></div><div style="text-align:justify;"><span class="ms-rteThemeFontFace-1 ms-rteFontSize-3">Policy Brief 2/2025</span></div><div style="text-align:justify;"><br class="ms-rteThemeFontFace-1 ms-rteFontSize-3"></div><div style="text-align:justify;"><span class="ms-rteThemeFontFace-1 ms-rteFontSize-3">This paper aims to discuss the global trends driving central banks to increase their gold holdings, as well as the prospects for the continued accumulation of this type of reserve asset in light of prevailing international conditions and existing economic and geopolitical risks, which have intensified since the beginning of this year. The analysis is conducted in reference to the findings of economic studies and the actual strategies adopted by central banks around the world.<br></span></div> |
| Decoding the Oil–Dollar Nexus: Macroeconomic Implications for Oman | | https://authoring.bnet.om/english/Reports/Pages/Decoding-the-Oil–Dollar-Nexus-Macroeconomic-Implications-for-Oman.aspx | 11/4/2025 10:00:00 AM | Decoding the Oil–Dollar Nexus: Macroeconomic Implications for Oman | | | | https://publishing.bnet.om/sites/assets/Documents/English/Publications/OccasionalPapers/Macroeconomic%20Implications%20for%20Oman.pdf | <p style="text-align:justify;"><span class="ms-rteThemeFontFace-1 ms-rteFontSize-3">Working Paper 2/2025<br></span></p><div style="text-align:justify;"><span class="ms-rteThemeFontFace-1 ms-rteFontSize-3">This paper examines the evolving relationship between global oil prices and the U.S. dollar and assesses the implications for Oman’s macroeconomic stability. Historically, the two variables have moved in opposite directions, with higher oil prices typically coinciding with a weaker dollar. Recent evidence, however, points to a structural shift toward positive co-movement, reflecting deeper changes in global energy trade—most notably, the emergence of the United States as a significant oil exporter.</span></div> |