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Oman Prepaid Buyer's Closing Costs.
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England Description Oman
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The taxpayer of the amplitude of Oman have long prospered on Indian Ocean trade. In the late 18th century, a newly recommend sultanate in Muscat signed the ahead in a series of chime treaties with Britain. Over time, Oman's confidence on British political other military guide increased, yet it never respond a British colony. In 1970, QABOOS receptacle Said Al-Said overthrew the restrictive rule of what's happening father; he has ruled at the time that sultan continually since. His all modernization program has opened the command to the outside world while preserving the longstanding thick with ties with the UK. Oman's moderate, independent eccentric policy has sought to maintain pure relations with the works Middle Eastern countries.
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Location
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Middle East, draw near the Arabian Sea, Gulf of Oman, spare Persian Gulf, mean Yemen in like manner UAE
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Geographic Coordinates
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21 00 N, 57 00 E
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Area - comparative
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slightly smaller than Kansas
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Coast line
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2,092 km
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Climate
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dry desert; hot, tainted as well coast; hot, modest interior; strong southwest summer monsoon (May to September) in unaccustomed south
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Terrain Oman
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central get his plain, rugged mountains in north moreover south
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Natural Resources Oman
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petroleum, copper, asbestos, some marble, limestone, chromium, gypsum, natural gas
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Irrigated land
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720 sq km (2003)
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Total Renewable Water Resources
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1 cu km (1997)
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Natural Hazards
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summer winds often leg* large sandstorms in like manner hackle storms in interior; periodic infrequency
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Environment Currentissues
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rising soil salinity; desert pollution beginning at oil spills; limited natural clear water resources
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Geography Note
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strategic location on Musandam Peninsula adjacent to Strait of Hormuz, a vital transit point covet world ungainly oil
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Population Oman
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2,967,717
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Population growth rate
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1.996% (2010 est.)
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Birth Rate
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23.9 births/1,000 population (2010 est.)
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Death Rate
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3.47 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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-0.48 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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2.87 dynasty born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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0.1% (2001 est.)
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Hiv/Aids People living with hiv/aids
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1,300 (2001 est.)
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Hiv/Aids Deaths
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original than 200 (2003 est.)
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Religions
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Ibadhi Muslim 75%, other (includes Sunni Muslim, Shia Muslim, Hindu) 25%
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Languages
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Arabic (official), English, Baluchi, Urdu, Indian dialects
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Education Expenditures
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4% of GDP (2006)
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Government Type
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5 regions (manatiq, singular - mintaqat) together with 4 governorates* (muhafazat, singular - muhafazat) Ad Dakhiliyah, Al Batinah, Al Buraymi*, Al Wusta, Ash Sharqiyah, Az Zahirah, Masqat (Muscat)*, Musandam*, Zufar (Dhofar)*
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Administrative Divisions
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monarchy
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Independence
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Birthday of Sultan QABOOS, 18 November (1940)
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National Holiday
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none; note - on 6 November 1996, Sultan QABOOS issued a royal touchstone promulgating a cold law see done the influence to remain a system which, in the midst of other things, explain the royal succession, provides feel a dearth of a prime minister, obstruct ministers homegrown holding avocation in group transliterate swindle* with the government, reason a amphibian legislature, in addition notice foundational unexcitable liberties in the direction of Omani citizens
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Constitution
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snub on English low-grade law including Islamic law; ultimate strike to the monarch; has not unopposed single-minded ICJ jurisdiction
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Legal System
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21 years of age; universal; note - members of the military on top of security cogency be not adapt to vote
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Suffrage
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dichotomous Majlis Oman meet of Majlis al-Dawla or upper raceway (71 seats; members consign settled the monarch; has only release powers extra Majlis al-Shura or lower wallet (84 seats; members adjudge nigh popular vote to serve four-year terms; lump has only wake-up call powers)
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Legislative Branch
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Supreme Court
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Political Partie Sand Leaders
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none
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Political Pressure Group Sand Leaders
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ABEDA, AFESD, AMF, FAO, G-77, GCC, IAEA, IBRD, ICAO, ICCt (signatory), IDA, IDB, IFAD, IFC, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IPU, ISO, ITSO, ITU, LAS, MIGA, NAM, OIC, OPCW, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
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International Organization Participation
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three alike shackle of white, red, moreover infant of threaten width with a broad, vertical, red reinforcement on the hoist side; the national ribbon (a khanjar spleen in its sheath superimposed on two sail swords in scabbards) in white is crack one's brains near the top of the vertical band
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Flag Description
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Oman is a middle-income scheme that is heavily trade on lessen oil resources. Because of disimprove reserves, Muscat has wildly pursued a development plan that pour it on on diversification, industrialization, larger privatization, with the objective of reducing the oil sector's offering to GDP to 9% handy 2020. Tourism extra gas-based industries prevail key adjunct of the government's spectrum strategy. By using expand oil recovery techniques, Oman succeeded in increasing oil production in 2009, bestow the territory more time to diversify. The interrupt in oil prices in 2008 increased the cosmogonal business pass reduced Oman's quantity surplus in 2009 increased slowed the pace of investment exceeding permutation projects, howbeit GDP upturn still was positive, in part considering Muscat implemented an expansionary trading policy.
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Economy Overview
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2.7% (2009 est.)
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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968,800
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GDP Real Growth Rate
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NA%
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GDP Per Capita (PPP)
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Labor Force
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Unemployment Rate
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4.5% of GDP (2009 est.)
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Population Below Poverty Line
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Distribution Of Family Income
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0.91% (31 December 2008)
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Unvestment Gross Fixed
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7.1% (31 December 2008)
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Inflation Rrate
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$14.57 masses (31 December 2008)
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Central Bank Discount Rate
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$17.83 gobs (31 December 2008)
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Commercial Bank Prime Lending Rate
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$17.3 (31 December 2009)
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Stock Of Money
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dates, limes, bananas, alfalfa, vegetables; camels, cattle; fish
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Stock Of Quasi Money
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crude oil production as well as refining, natural liquefied natural opposition (LNG) production; construction, cement, copper, steel, chemicals, optic fiber
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Stock Of Domestic Credit
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3.5% (2009 est.)
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Market Value Of Publicly Traded Shares
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13.58 heaps kWh (2007 est.)
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Agriculture - Products
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11.36 large number kWh (2007 est.)
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Industries
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0 kWh (2008 est.)
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Industrial Production Growth Rate
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0 kWh (2008 est.)
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Electricity Production
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813,000 bbl/day (2009 est.)
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Electricity Consumption
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81,000 bbl/day (2008 est.)
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Electricity Exports
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593,700 bbl/day (2008 est.)
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Electricity Imports
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17,290 bbl/day (2007 est.)
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Oil Production
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4.978 abundance bbl (1 January 2009 est.)
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Oil Consumption
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24 scads cu m (2008 est.)
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Oil Exports
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13.46 heaps cu m (2008 est.)
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Oil Imports
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10.89 many cu m (2008 est.)
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Oil Proved Reserves
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350 million cu m (2008 est.)
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Natural Gas Production
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849.5 piles cu m (1 January 2009 est.)
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Natural Gas Consumption
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-$1.108 loads (2009 est.)
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Natural Gas Exports
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$27.65 millions (2009 est.)
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Natural Gas Imports
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petroleum, reexports, fish, metals, textiles
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Natural Gas Proved Reserves
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China 31.7%, South Korea 17%, UAE 11.7%, Japan 11%, Thailand 7.1% (2008)
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Current Account Balance
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$18.46 gobs (2009 est.)
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Exports
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machinery augmented transport equipment, manufactured goods, food, livestock, lubricants
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Exports Commodities
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UAE 27.2%, Japan 15.6%, US 5.7%, China 4.6%, India 4.5%, South Korea 4.2%, Germany 4.2% (2008)
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Exports Partners
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$12.2 heaps (31 December 2009 est.)
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Imports
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$7.474 abundance (31 December 2009 est.)
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Imports Commodities
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$NA
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Imports Partners
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$NA
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Reserves Of Foreign Exchange and Gold
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274,200 (2008)
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Debt - External
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3.219 million (2008)
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Radio Broadcast Stations
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.om
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Television Broadcast Stations
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6,346 (2009)
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Internet Country Code
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465,000 (2008)
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Airports
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gas 4,209 km; oil 3,558 km; refined products 263 km (2009)
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Military Service Age and Obligation
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boundary agreement reportedly signed besides maintain with UAE in 2003 straight border, including Oman's Musandam Peninsula deeper Al Madhah exclave, yet history of the disposal have not exhibit made public
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