Oman's budget deficit swells to RO4.2bn in 2020
Published 03 Jan,2021 via Muscat Daily - As the COVID-19 pandemic and continued low oil prices triggered tremendous challenges for Oman’s economy and public finance, the sultanate’s budget deficit sharply increased to RO4.2bn for the full year 2020 as compared to RO2.5bn total deficit estimated in last year’s budget.
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