Public spending in Oman decreases by over 8 per cent | Times of Oman

Public spending in Oman decreases by over 8 per cent | Times of Oman

Muscat: There has been an 8. 8 per cent decrease in public spending in February compared to the same period of 2020. The Ministry of Finance said: "By the end of February, the State's General Budget recorded more than OMR 1 billion of total revenue and a drop in public spending by 8. 8 per cent as compared to the same period of 2020.""Net oil revenue amounted to OMR 318. 6 million based on the average crude oil price of $43. 83 achieved in November 2020," the ministry added.