MUSCAT: Oman’s public revenue has registered an increase by 49.9% by the end of May 2021 to reach over OMR 5 billion, Ministry of Finance said on Thursday.
In a statement, the ministry said the state’s general budget achieved a financial surplus of about OMR 631 million at the end of last May.
“The state’s total public spending rose by 5.7% at the end of last May to reach over OMR 4 billion due to the increase in current and development expenditures and the support of basic food commodities by about OMR 11 million,” the statement from the ministry added.
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