“VAT is something people don’t like it but this is something we have been lobbying for. It will come into effect sometime in the beginning of the next year,” Ali bin Masoud Al-Sunaidy (Minister of Commerce and Industry in Oman) told Bloomberg TV at the World Economic Forum in Davos.
The minister added that Oman was aiming for 2.5 to 3 percent annual economic growth and is looking to manufacturing, tourism, fisheries and logistics in a bid to diversify its economy away from oil.

Oman will apply five percent value-added tax (VAT) in the beginning of 2021, the country’s minister of commerce and industry said on Tuesday 21 January 2020.