Financial and Banking News
BUDGETS AND REVENUES
Oman Announces $655mn Deficit
The Sultanate of Oman is to run a RO252mn ($655mn) budget deficit in 1988,according to figures published in Muscat recently. Total spending this year isRO1,602.3mn ($4.17bn), which is marginally lower than the 1987 budget total ofRO1,610mn, while revenues are to increase by some RO15mn to reach R01,350.3mn($3.51bn) in 1988. About RO58mn ($140mn), or one fifth, of the deficit will bemet by...
Please log in to read the rest of this story.
You may purchase access to entire MEES digital archives by subscribing. This subscription gives you access to all the content of MEES digital archives up to 1978!