Source: Sultanate of Oman is seeking a temporary loan of two billion dollars

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Source: Sultanate of Oman is seeking a temporary loan of two billion dollars

Sputnik

Владимир Трефилов

A source familiar with the matter today said that the Sultanate of Oman is seeking a temporary loan of two billion dollars from international and regional banks.

Sources said, earlier, that the Gulf state held talks with banks earlier this year on financing options, including a loan of about two billion dollars, but the talks were suspended due to the Corona virus crisis and low oil prices.

Sources said, today, Friday, that the talks have now resumed. A source familiar with the matter said that the Sultanate of Oman sent a request to express proposals to banks last June for a loan of two billion dollars for a year, confirming a report it provided in this regard, “LBC.”

Source: “Reuters”

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