WASHINGTON: The agreements were inked on the sidelines of Oman’s participation in the joint meetings of the World Bank Group and the International Monetary Fund, held in Washington, D.C.
The first agreement focuses on financing the much-anticipated first phase of the Dibba-Lima-Khasab Road Project.
The second agreement is aimed at bolstering Oman’s private sector by supporting investment projects. The OPEC Fund will provide direct financing to key projects, further aiding financial institutions that contribute to development initiatives and offer essential support to small and medium enterprises (SMEs) within the Sultanate.
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