Oman’s sultan breaks with the past in economics
An oil windfall is a boon to public finances, but reminds Oman that it must diversify
WHEN TWO British prisoners were freed from Iran in March, it was no surprise that Oman was their first stop. Nazanin Zaghari-Ratcliffe and Anoosheh Ashoori, held for years on bogus espionage charges, were freed as part of a deal that saw Britain settle an old debt with Iran. Oman was the essential middleman, providing an air-force jet to fly the prisoners to freedom and a bank to serve as a conduit for the British payment.
This article appeared in the Middle East & Africa section of the print edition under the headline “Break with the past”
From the April 2nd 2022 edition
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