Middle East Economic Survey

VOL. LIV

No 37

12-Sep-2011

REGIONAL

Oman And Lebanon Announce Plans To Boost Government Spending

Both Oman and Lebanon have set out plans to boost government budget spending in 2012, their finance ministers said on 6 September ahead of a meeting of Arab finance ministers in Abu Dhabi. According to Omani Minister of Financial Affairs Darwish bin Ismail al-Balushi, the Gulf states budget spending should rise to OR9.2bn ($24.09bn) this year, representing a slight...