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Statement on State's General Budget for Fiscal Year 2020

Statement on State’s General Budget for Fiscal Year 2020
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Muscat: The Ministry of Finance (MOF), in coordination with the Supreme Council for Planning (SCP) on Wednesday issued the statement on the State’s General Budget for the fiscal year 2020. This statement presents key financial and economic indicators for FY 2020, and the preliminary results of FY 2019. This is in order to ensure transparency and to inform the citizens, investors, domestic and international institutions of Oman’s fiscal policy for FY 2020.
The State’s General Budget is the main economic instrument, which reflects the Government’s policies and objectives. It can also be defined as a financial programme prepared for the upcoming financial year with the aim to achieve specific objectives within the framework of an approved development plan. The Budget sets out the estimated total revenue and spending on social and economic development. ....

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Housing loans of close to $29mln sanctioned in Oman

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Housing loans of close to 11 million OMR sanctioned in Oman | Times of Oman

By: Times News Service
Muscat: The Oman Housing Bank has approved more than 250 loans in the first quarter of 2021, amounting to nearly OMR 11 Million.
The bank said in a statement, “The total number of loans supported by the government approved in the first quarter of this year was 253, with a total value of nearly OMR 11 million.
The CEO of Oman Housing Bank told the Oman News Agency: The bank will complete the completion of all loan applications submitted in the last period until April 1, 2018, before the end of the current year. ....

Oman News Agency , Oman Housing Bank , ஓமான் வீட்டுவசதி வங்கி ,

Oman Housing Bank sanctions OMR11 million loans

Oman Housing Bank sanctions OMR11 million loans
timesofoman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesofoman.com Daily Mail and Mail on Sunday newspapers.

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Over 2,000 housing loans to be provided in Oman in 2021

Over 2,000 housing loans to be provided in Oman in 2021
By: Times News Service
Muscat: More than 2,000 loans totalling OMR100 million will be provided to people by the Oman Housing Bank (OHB) this year.
Adnan bin Haider bin Darwish, the bank’s CEO said that in 2021, people who had submitted their loans between June 1, 2017 and April 1, 2018 would receive their payments. The total number of loans for this period amounts to 2,066.
“The government’s decision to increase loan allocations this year to OMR100 million had a positive impact on people, as it has contributed to decreased waiting times for them to begin receiving their loan payments,” he said, speaking to Oman News Agency. From the time of the bank’s inception until the end of 2020, OHB has provided 46,605 loans amounting to OMR1.2bn. Last year, the bank gave 911 loans worth OMR40.2 million. ....

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