02 Dec 2010
(MENAFN) Oman’s Ministry of Economy projects record expenditure of $21.12 billion for the 2011 budget, up 13.2 percent from the previous year, Reuters reported.
The sultanate forecast a budget deficit of $2.08 billion this year, but analysts expected the shortfall to be comfortably wiped out.
Revenues for 2011 were estimated at $19 billion from $16.6 billion for the current year.
The 2011 budget was estimated with an expected oil price of $58 per barrel, $8 more than in 2010, with average daily production of 896,000 barrels, 3 percent higher than 2010.
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more