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Fintech, digital technology can help drive Oman’s economic diversification: IMF

Summary by Ground News
IMF acknowledges nascent efforts by Omani government to unlock benefits of digitalization in driving economic development. Report stressed importance of new technology, such as artificial intelligence (AI) and machine learning (ML), in improving efficiency and reducing cost. New technologies also offer potential to strengthen prudential oversight and to equip central banks.
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Oman Daily Observer broke the news in Oman on Saturday, November 26, 2022.
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