Report on 2018 budget draft sent to State Council

Energy Monday 27/November/2017 22:02 PM
By: Times News Service
Report on 2018 budget draft sent to State Council

Muscat: Majlis Al Shura has referred the draft budget for 2018 to the State Council.
The Majlis on Monday held the 4th and 5th regular sessions of the third annual sitting (2017/2018) of the 8th term (2015/2019) under the chair of Khalid bin Hilal Al Maawali, Chairman of the Majlis Al Shura.
During the session, Majlis Al Shura decided to refer the report of the Economic and Financial Committee on the state’s draft budget for the fiscal year 2018 to the State Council, as per the Basic Law of the State.
Majlis Al Shura hailed the efforts made by the Economic and Financial Committee in studying the draft budget.
The Committee came out with a number of important recommendations, visions, remarks and outcomes.
During the session, Majlis Al Shura was briefed on the reply of the Council of Ministers on the recommendations of Majlis Al Shura on the status of the private schools in the Sultanate.
It was also briefed on the reply of the Minister Responsible for Financial Affairs on the questions about the credit rating of the Sultanate, the reply on the financial subsidy for the public companies and reply on the annual invoice for lighting of roads in the Sultanate.