Speaking to the Oxford Business Group, Tahir Al Amri, Executive President of the Central Bank of Oman (CBO), highlighted the measures introduced by the CBO aimed at improving the ease of doing business in the Sultanate, which included reducing the minimum capital adequacy ratio by one percentage point in 2018 and implementing the bank resolution framework earlier in 2019. While acknowledging that some reforms, such as the Bankruptcy Law, will need some time to be implemented, Al Amri said other steps already taken were expected to deliver results relatively quickly.