Oman budget 2018

T TV Tuesday 02/January/2018 16:52 PM
By: Times News Service

The Ministry of Finance issued a statement on the State’s General Budget for the Fiscal Year 2018
Despite the anticipated oil price recovery, the State’s General Budget is still challenged by high public spending as compared with low level of total revenues.
The 2018 Budget framework comes to support the General Objectives of Ninth Five-Year Development Plan
With improved climate conditions and high supply, main commodity prices are likely to remain low in 2018.