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Page 17 - தேசிய மையம் க்கு புள்ளிவிவரங்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Oman s budget deficit stands at 13 5% in Q3 2020

Oman’s budget deficit stands at 13.5% in Q3 2020 MUSCAT, February 23, 2021 Oman’s general budget deficit increased by 58.5% at the end of the third quarter of 2020, to reach RO2.4 billion ($6.2 billion), compared to RO1.5 billion in the same period of 2019, constituting a ratio of 13.5% to GDP at the current prices. The total public revenue dropped by 24.4% at the end of third quarter of 2020, to hit RO6 billion, compared to RO7.9 billion for the same period of 2019, reported Oman News Agency (ONA), citing data released by the National Centre for Statistics and Information (NCSI). The total public expenditure fell by 10.9% to reach RO8.5 billion.

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