Oman Announces Record 2013 Budget
By Basim Itayim
Oman is projecting a 29% increase in expenditure in 2013 to a record OR12.9bn ($33.54bn) from OR10bn ($26bn) in 2012 and a 27% increase in revenue to OR11.2bn ($29.12bn) in 2013 from OR8.8bn ($22.88bn), against a backdrop of firm oil prices, Oman’s Minister for Financial Affairs Darwish al-Balushi announced on 25 November. Unveiling details of next year’s draft budget to Majlis al-Shura...
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!