Oman recorded OR401m in surplus in 2013

February 8, 2014 10:31 am

Oman’s public sector revenue rose 4.5% to OR14.08bn last year, compared with OR13.48bn at the end of 2012, Muscat Daily has reported. Overall expenditure recorded a significant decline of 19.7%, with spending totalling OR10.89bn in 2013, compared with OR13.56bn a year ago. This resulted in a surplus of OR401m, compared with a 2012 deficit of OR80.6m, the report said.