Financial and Banking News
BUDGETS AND REVENUES
Omani Oil Revenues on Target
Oman's oil revenues for the first half of 1988 are running slightly ahead ofexpectations, according to figures recently published in Muscat. First-half oilrevenue reached RO 549mn ($1.4bn), as against RD 547mn during the first half of1987 and RD 1,143mn during the whole of 1987. With total expenditure having beencut by 6% during the first half of 1988, from RO 763mn to RO 718mn, this has...
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