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FINANCIAL NEWS
Oman spends USD172.51bn on 1.100 projects
17 Jul 2016
(MENAFN) Oman planned to apply more than 1,100 projects that were given through the Tender Board, at a cost of USD172.51bn.
Meanwhile, it also implemented a number of other projects that were awarded through different governmental units.
On the other hand, gas revenues amounted to USD19.02bn compared to USD4.8bn from income tax, USD2.82bn from custom duties.
In addition, the share of recent expenditure reached USD109.01bn or 63.1 percent of all public expenditure compared to USD40.62bn for investment expenses.
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