MUSCAT: His Majesty Sultan Haitham Bin Tarik has issued a Royal Decree approving the state’s general budget for the fiscal year 2022.
Last month, Sultan Salim Al Habsi, Minister of Finance, said that total general revenues of the State Budget 2022 are estimated at OMR 10.58 billion, 6% higher than revenues collected in2021. Oil and gas returns are set to comprise 68% of total revenues, against 32% for non-oil and gas revenues.
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