International lenders did not disclose specificities, but said it was part of global cost-cutting plansNovember 26, 2015 11:32
Oman to boost spending by 26 percent in 2011-2015 plan
Oman plans to boost budget spending by 26 percent to 54 billion rials ($140 billion) in its five-year plan, which ends in 2015, to create jobs and improve living standards, the Gulf Arab state's finance minister said on Sunday.
January 9, 2012 11:19 by Reuters
“It is the government’s response to the social requirements such as providing jobs, social security and unemployment benefits,” Finance Minister Darwish al-Balushi told Reuters.