Oman Reviews Fuel Subsidies
Oman’s Minister for Financial Affairs Darwish al-Balushi on 4 August – and in line with recent IMF recommendations – said Muscat was considering the revamping of subsidies on gasoline and diesel. At the recommendation of the Shura Council, a panel has been set up entrusted with the task of ensuring that subsidies target the deserving income groups, rather than all sectors of society under the present system.