Oman sees 25% increase in revenue | Times of Oman

Oman sees 25% increase in revenue | Times of Oman

Muscat: The state's general budget has achieved an increase in actual revenue by more than 25 per cent to reach more than OMR 11 billion by the end of 2021, the Minister of Finance said . According to Oman News Agency (ONA), the media meeting will review the performance of the final account of the state's general budget for the year 2021. It is organised by the Ministry of Finance. His Excellency Sultan bin Salim Al Habsi, Minister of Finance, said: "The state's general budget by the end of 2021 achieves an increase in actual revenues by 26. 9 per cent, registering OMR 11, 195 million, compared to the approved budget by about OMR 8, 640 million." "The state's general budget by the end of 2021 records an increase in oil revenues by 52. 1 per cent compared to the approved budget. The collected gas revenues amounted to OMR 2, 629 million, achieving an increase of 40. 6 per cent over the estimates of gas revenues in the approved budget by about OMR 1, 870 million," His Excellency Abdullah bin Salim m Al Harthy, Undersecretary of the Ministry of Finance said. The Undersecretary of the Ministry of Finance indicated that