Middle East Economic Survey

VOL. LIV

No 17

25-Apr-2011

oman

Oman Allocates $2.6Bn In Social Spending To Quell Unrest

The Omani government on 17 April unveiled revised numbers in its 2011 state budget to incorporate the promised social expenditure of an additional OR1mn ($2.6bn) in the wake of the street protests which erupted two months ago (MEES, 7 March). Presenting the additional funding in a press conference, Omans newly appointed Minister of Finance Darwish al-Balushi said that the...