ABSTRACT

This chapter aims to identify and compare the basic characteristics of the financing which is advanced to SMEs in Oman, particularly in respect of the type of financing, volume, rate of interest, grace period, repayment period, guarantees, types of enterprises and non-financing programmes. The chapter also assesses the financing programmes for SMEs and how they should be rationalized in the future in the face of the necessity of meeting fiscal convergence criteria of the upcoming MU.