Why budgets presented in end-February are better
We should re-schedule our Union budgets for February-end so that better-updated GDP estimates can be taken into account
Source: livemint.com
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Halting of gold exports causes huge drop in mineral imports
The drop, according to Ministry of Finance, was largely driven by a suspension on gold exports, which retrospectively forced dealers to halt imports for purposes of re-exporting
Ministry Of Finance Macroeconomic Finance Macroeconomic Fiscal Performance Ineral Imports Imbabwe And Dr Congo Bank Of Uganda
Source: monitor.co.ug
Oman slashes budget deficit by RO1.7bn as revenues increase by 28%
Oman’s government managed to sharply reduce its budget deficit by more than RO1.7bn during the January–October period of 2021.
Ministry Of Finance National Centre For Statistics Fiscal Performance National Centre Medium Term Fiscal Plan
Source: muscatdaily.com
Budget deficit down by RO1.4bn
Oman has managed to sharply reduce its budget shortfall by more than RO1.4bn in the first nine months of this year against the same period in 2020.
Source: muscatdaily.com
Oman records 46% drop in deficit as revenues rise
On the back of nearly 14 per cent increase in revenues this year, Oman managed to reduce its budget shortfall by more than 46 per cent.
Source: muscatdaily.com