Eliminating minimum wage by education level is one of the best things to happen to the Omani labor market. This provides one basic minimum wage of 335 Oman rials per month. Labor market is more flexible and able to adjust. It should increase employment opportunities 1/n

Allowing youth to find jobs and build their skills through experience. Private sector should be willing to take more chances by hiring recent graduates. Employers need to recognize that they are part of the skill development process. 2/n

Great move my ministry of labor. You have this economist’s full support. Now let’s talk market expectations. All signs are indicative of deflationary pressure on the Omani economy. For wages to come down, people have to be willing to receive lower pay. It is not clear if this 3/n

...will happen. Money illusion makes wages sticky in Oman. Strong family safety nets make reservation wages higher. We must communicate the reasons why wages are decreasing clearly. Economic education is important to maintain public sentiment. 4/n

Speaking about deflation. This has its own issues and we must be prepared for it. Rents are decreasing, wages are decreasing, prices (of domestic products)are decreasing, outstanding debt values are not. Import prices are not decreasing yet either. Something to keep in mind. 5/5