VOL. XLI
No. 09
2-March-1998
OMAN
Oman Acts To Realign Budget On The Basis Of $13.50/B
The Omani authorities have recently acted to realign their budget on the basis of$13.50/B because prevailing oil prices are lower than the originally budgeted $15/B.Savings on both capital and current expenditure in the range of OR70-80mn ($182mn-208mn)have already been approved and further revenue raising measures, thought to include ahigher airport tax and customs tariffs on certain goods, are to be...
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