Skip Ribbon Commands
Skip to main content
  • ع

 Occasional Papers

​

 

 

Impact of Oil Price Fluctuations on Central Bank of Oman's Foreign Exchange Reserveshttps://authoring.bnet.om/english/Reports/Pages/Impact-of-Oil-Price-Fluctuations-on-CBO's-Foreign-Exchange-Reserves.aspx4/7/2026 9:00:00 AM Impact of Oil Price Fluctuations on Central Bank of Oman's Foreign Exchange Reserveshttps://publishing.bnet.om/sites/assets/Documents/English/Publications/OccasionalPapers/Impact%20of%20Oil%20Price%20Fluctuations%20on%20CBO%27s%20Foreign%20Exchange%20Reserves.pdf<p style="text-align:justify;">​​​<span class="ms-rteThemeFontFace-1 ms-rteFontSize-3" style="color:#333333;background-color:#ffffff;">Working Paper 01/2026</span></p><div style="text-align:justify;"><span class="ms-rteThemeFontFace-1 ms-rteFontSize-3">This paper examines the impact of oil price fluctuations on the foreign exchange (FX) reserves of the Central Bank of Oman (CBO) under a conventional fixed-peg exchange rate regime. Using monthly data from January 2010 to December 2024, the analysis employs linear and nonlinear autoregressive distributed-lag models (ARDL and NARDL) to capture long-run equilibrium relationships and short-run </span><span style="font-size:13pt;">adjustment dynamics, while allowing for asymmetric responses to oil price increases and declines.​</span></div>
Oman’s Tax Capacity and Effort: Empirical Evidence, Benchmarking, and Policy Optionshttps://authoring.bnet.om/english/Reports/Pages/Oman-Tax-Capacity-and-Effort-Empirical-Evidence-Benchmarking-and-Policy-Options.aspx12/28/2025 8:00:00 PMOman’s Tax Capacity and Effort: Empirical Evidence, Benchmarking, and Policy Optionshttps://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 Developmentshttps://authoring.bnet.om/english/Reports/Pages/Enhancing-Official-Reserves-of-Gold-in-Light-of-International-Developments.aspx12/27/2025 8:00:00 PMEnhancing Official Reserves of Gold in Light of International Developmentshttps://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>

Interested to buy commemorative coins, banknotes, a Banking Law book, and/or many other things that are on sale by CBO? Please follow the ‘Available for Purchase’ link to know what is up for sale.

Available for Purchase link arrow