Reports over the past week suggest that, despite the boost to the public finances from high oil prices, Oman’s government is sticking to fiscal tightening with the likely introduction of a personal income tax in 2023. Elsewhere, President Al-Sisi outlined fresh details of Egypt’s privatisation drive with plans to list some military-owned firms on the local stock market. But, on past form at least, privatisation drives have floundered and it is not clear whether this time will be any different.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services