Mubasher: Oman has expected OMR 3 billion worth budget deficit for the fiscal year 2017.
Government spending is expected to stand at OMR 11.7 billion, with revenues reaching OMR 8.7 billion, according to the budget proposal issued on Sunday in the official newspaper.
Oman’s actual deficit saw great rise worth OMR 4.8 billion during the first 10 months of 2016, according to official data.
