RO 8.64 bn revenues, RO 10.88 bn spending, RO 2.24 bn deficit
The Sultanate’s state budget for 2021 announced on Friday estimates RO 8.64 billion in revenues, RO 10.88 billion in total spending and RO 2.24 billion deficit. The 2021 budget is based on an...
Living through a tumultuous year!
A year before, at this time, we were all euphoric to welcome 2020, and never expected the year would be as tumultuous and wearisome as it has been. For all its eventfulness — from record-setting...
Sultanate to see rationalised spending in 2021
With emphasis on increasing efficiencies, the year 2021 is set to usher in with rationalised spending in Oman even as priority will be for providing basic services to citizens. While the government is...
Spotlight: Alarming rise in diabetic cases a major challenge
Oman is facing a rapidly rising diabetic cases and the number of people affected with it over the coming three decades will grow further. According to a report published in the Journal of Diabetes...
A silent Christmas night!
Amid fears of COVID-19, Christian community in Muscat celebrated Christmas on a subdued note, yet with devotion and traditional fervour. The churches and their surroundings, normally abuzz with...
An experience with Omani heritage
[gallery type="slideshow" ids="648124,648123,648126"] One of the main challenges when Oman set out on its Renaissance journey was the preservation of the country’s heritage and culture. And there...
Airport and border closures hit travel plans
It was confusion mixed with despair for most people when they learnt about the closure of the Muscat airport and the country’s borders. The closures, taken as a precautionary step against the...
Expats to pay more for electricity and water
Citizens and expatriates will have to shell out more to avail of electricity and water from next year. “In line with the programme for reforming electricity and water subsidies, new tariffs will be...
Citizens, expats to pay more for electricity and water
MUSCAT: As part of the initiatives to shore up government revenues, the Sultanate is all set to overhaul the subsidy on public service system in a phased manner during the next five-year period from...
COVID-19 spells debt overhang for households
Although COVID-19 is posing severe challenges to people of all sections of the society, the most affected are the households with loans. As a result, it spells a situation of debt overhang and likely...
Expats make beeline to get exit permit
15,879 construction workers among 45,715 apply to avail the scheme With only a few days left for the exit facility deadline, 45,715 applications from expatriates of different nationalities have so...
Relations at new heights, says Indian minister
Bilateral relations between Oman and India have scaled to new heights, and there is potential for more partnerships in all the priority areas that are identified in Oman’s Vision 2040. “The...
Taking vaccine reduces burden on healthcare system
As a prelude to the regulatory approval for the COVID-19 vaccines, the Sultanate has started preparing the ground for the rollout with the launch of an awareness drive with the aim of disseminating...
Rising crude brightens hopes of recovery
On the back of Oman’s proactive policies, the positive trend on the oil market augurs well for the economy that is striving to recover from the COVID-19 shock and drop in revenues. The price of...
Omanisation of leadership positions to gain pace
Along with hiring ban on expatriates in different occupations in the private sector, Omanisation of leadership positions is also on course. Although the slowdown in economic activities led to...
Be cautious, COVID-19 risk is still high!
A sharp decline in the number of COVID-19 infection cases has been registered recently, as cases dropped from 26 per cent in the past few months to 4 per cent Even as most business activities have...
Warning against burning waste
With the winter already set in, Muscat Municipality warned against the tendency to burn solid waste in the open. “Burning of waste is considered a quicker and easier way of disposing them but it can...
Agriculture and fisheries growth above 6% in 2019
Despite a general contraction in demand, the agriculture and fisheries sector grew by a solid pace of 6.1 per cent in 2019. The sector contributed 3.4 per cent of non-hydrocarbon GDP and 2.4 per cent...
Let us work together to bring Covid-19 vaccine home
Some anxiety is definitely warranted, especially during worrisome situations like the current coronavirus pandemic. This applies not only to basic health questions such as the risk of becoming...
New steps augur well for tourism sector
With the Sultanate opening its borders to visitors after positive signs of recovery from COVID-19 pandemic, the tourism industry is set to see more people arriving in the country in the coming months....