Conclusion on Economic Growth and Diversification of the economy

Summing up all the discussion from above, it is concluded that Oman is one of the best countries with perfect economic growth. This country mainly focuses on their economy, and they made Muscat one of the most developed cities in the world and also it is the main centre of the economic activities due to its best coastal location. Through this, they are able to maintain their country for the future. There are a lot of benefits if the economic growth of the company that will give proper information about why it is extremely important for the government.

The government will free to spend a lot of money by giving free health and education to the public in a proper way. Tanfeedh initiative is introduced by Oman for their diversification of the economy. This is also the innovative approach for the economic diversification in that country. This country will be one of the best countries with the effective and best growth rate in GCC. This is because it can be seen that the growth rate will be increased by 20 per cent in 2020The Oman is working on introducing some innovative means in their country. Through this they can easily help their country in economic growth.