Tenth Five Year Development News Today

The election process will take place by secret ballot via the electronic system

The election process will take place by secret ballot via the electronic system

MUSCAT: The Secretariat-General of the Tender Board floated tenders for the construction of Al Falah Hospital in Al Sharqiyah South Governorate, Al...

With oil prices at a record high, the Sultanate of Oman will use the surplus revenues to support the government spending on more projects and reduce public debt.“Any surplus...

Muscat: Over the past few years, the national economy experienced frequent fiscal challenges posed by a sharp drop in oil prices, lower oil demand, high public debt, and the implications caused by the Covid-19 pandemic.These challenges have adversely affected the Sultanate of Oman’s creditworthiness and borrowing cost.Moreover, the Sultanate of Oman was...

In light of the Royal Decree no. (2022/1) ratifying the State’s General Budget for the Fiscal Year (FY) 2022, the guide to State’s General Budget for FY 2022 presents the key financial indicators for 2021, and 2022 Budget estimates. The 2022 Budget has been prepared amid several challenges arising from the persistent consequences of the COVID-19 pandemic...

Over the past few years, the national economy experienced frequent fiscal challenges posed by a sharp drop in oil prices, lower oil demand, high public debt, and the implications caused by the Covid-19 pandemic. These challenges have adversely affected the Sultanate of Oman’s creditworthiness and borrowing cost. Moreover, the Sultanate of Oman was recently...