FINANCIAL NEWS

Oman’s revenues to rise 4.5 percent in 2014

03 Jan 2014

(MENAFN) Oman’s Sultan Qaboos Bin Said ratified the state’s general budget for the fiscal year 2014 by a Royal Decree No. 1/2014, according to Qatar News Agency.

Revenues are expected to rise by 4.5 percent reaching USD30.29 billion this year.

The Sultanate’s expenditure is expected to grow by 5 percent, or USD34.95 billion worth compared to 2013.

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