VOL. XLIV

No 50

10-December-2001

OMAN

Oman Expects Budget Surplus In2001 And Average Oil Price Of $22/B

The Omani Minister of Economy,Ahmad 'Abd al-Nabi Makki, said on 10 November that the country is likely toexperience a budgetary surplus at the close of the current fiscal year (31December) even though there has been a drop off in oil prices in recent months.Mr Makki said that Oman is expected to meet all the economic targets set forthe current year and confirmed that he expects positive GDP...