Mubasher: Oman is allocating OMR 100 million ($260 million) in next year’s budget to help citizens who might be affected by the recent economic reforms.
A special committee will decide the details and mechanism of the payouts, as reported by Oman News Agency (ONA).
Oman recently cut subsidies for fuel, water, electricity and gas.
The sultanate is also planning to introduce a value-added tax (VAT) to raise additional revenues.
