Tag: Budget
IMF Mission Concludes Visit to Oman, Praises Fiscal Prudence Efforts
HE Nasser Khamis Al Jashmi, Secretary-General of the Ministry of Finance, chaired IMF mission’s last meeting held in the Sultanate of Oman to view...
Assets of Oman Investment Authority Increase to RO18 Billion
Oman Investment Authority (OIA) assets by the end of 2022 increased to RO18bn, after realising an 8.8% return on investment during the year.
This was...
Oman’s Finance and Economic Ministries Gear Up for 2024 Fiscal Budget Estimates
Muscat: The Ministry of Finance and the Ministry of Economy have issued Financial Circular No. (1/2023) on rules for preparing 2024 budget estimates.
The step...
ECONOMY: Oman’s State Budget Posts RO784M Surplus By H1 Of 2022
Muscat: Total revenues collected by the end of the first half of 2022 amounted to RO6.724bn, comprising a rise of 54.2 per cent compared...
Oman Environment Authority : 2022 Strategies, Budgets and Oman Vision 2040
Muscat: The Environment Authority today held a press conference during which it reviewed the outcome of its activities last year and unveiled programmes of...
PASI Board Approves Current, Investment Budget 2022
Muscat: The Board of Directors of the Public Authority for Social Insurance (PASI) today held its 4th meeting of 2021 under the chairmanship of...
Government Revenues Stand At Over RO 2.7 Billion In April 2021
Muscat: The Fiscal bulletin issued by the Ministry of Finance shows that government revenues dropped by 27.68% from January to the end of April...
7 signs that your security stack needs simplifying
Security teams in the Middle East and around the world often struggle with complexity, and for many this feels like the norm and an...
Kuwait’s Budget to Stay in Red After Half Decade of Deficits
(Bloomberg) --Kuwait unveiled budget proposals that forecast a wider deficit for the year starting April 1, outlining fiscal plans that include a drop of...
Dubai Sets AED 66.4 Billion Budget for 2020 Ahead of World Expo
The Dubai government has approved a budget of AED 196 billion for a three-year cycle, from 2020 to 2022, to boost the emirate’s overall economy...