Oman warns private sector to prepare for conditions to deteriorate as coronavirus hits global economy
Oman warns private sector to prepare for conditions to deteriorate as coronavirus hits global economy Oman called on business to take precautionary measures to tackle the Covid-19 crisis until mid-June The coronavirus pandemic hammered the world economy, cementing economists’ views of a deep global recession DUBAI: Oman warned companies in the private sector to prepare for conditions to deteriorate economically and to take precautionary measures to tackle the Covid-19 crisis until mid-June. The Oman Chamber of Commerce and Industry (OCCI) said in a statement that companies should take precautions when making decisions regarding their financial forecasts, calculating financial flows, Times of Oman reported. “Oman Chamber of Commerce and Industry expresses its gratitude and appreciation to the private sector, individuals and institutions for their interaction, interest, national sense, and their rapid response by providing all support and assistance to fa...
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