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FinancialNews


  • 13-06-10

    Oman sees $1.9b budget surplus at Apri-end

    (MENAFN) Oman's Ministry of Economy said that the country's budget surplus widened to $1.85 billion at the end of April, Reuters reported. The non-Opec member expected a deficit of $2.08 billion, as it based its 2010 budget on a projected oil price of $50 a barrel. Analysts expected that the sultanate will post a surplus of 3.8 percent of gross domestic product (GDP) this year.

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