Subsidies Expected To Reach OMR2.82bn In 2015, IMF Says

News: Omani subsidies are expected to reach OMR2.82bn (USD7.27bn) in 2015, according to an estimate by the IMF. The figure surpasses the OMR1.8bn (USD4.64bn) projection outlined in the 2015 state budget and OMR1.69bn (USD4.36bn) in 2014. The country's rising consumption of energy is causing an increase in its subsidies (Times Of Oman).

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