Corporate Monitor: Oman's budget surplus hits $4.17bn for H1 - MENAFN - Middle East North Africa . Financial Network

Home

MENAFN News

Market Data

Research

Tools

Cart


SEARCH

By:	Name	Symbol

> advanced search

	MENAFN - 18/08/2012

(MENAFN) Central Bank of Oman (CBO) said in a recent report that Oman's budget surplus hit USD4.17 billion during the first half of 2012, up from USD1 billion a year earlier, Oman News Agency (ONA) reported.

The CBO report showed that government revenues for the period grew 35.4 percent to USD19.14 billion from USD14.14 billion a year earlier, while spending rose by 14 percent to USD14.97 billion.

The report also showed that the Sultanate's gross domestic product (GDP) at current prices grew by 18.9 percent to USD19.4 billion during the first quarter of 2012 from USD16.1 billion a year ago.

According to the statistics, nominal GDP generating from the petroleum sector grew by 25.7 percent, while non-petroleum sector GDP expanded by 12.4 percent in the quarter.

Inflation rate in the small non-Opec oil producer dropped to 3.1 percent during the January-June period compared to four percent a year ago.



		MENAFN News	Market Data	Countries	Tools	Section
	Arabic MENAFN	Main News News By Industry News By Country Marketwatch News UPI News Comtex News IPO News Islamic Finance News Private Equity News How-To Guides Technology Section Travel Section Search News	Market Indices Quotes & Charts Global Indices Arab Indices US Markets Details Commodoties Oil & Energy Currencies Cross Rates Currencies Updates Currency Converter USA Stocks Arab Stocks	Algeria Bahrain Egypt Iraq Jordan Kuwait Lebanon Morocco Oman Palestine Qatar Saudi Arabia Syria Tunisia UAE Yemen	Weather Investment Game Economic Calendar Financial Glossary My MENAFN Portfolio Tracker Voting Financial Calculators RSS Feeds [XML]	Corporate Monitor Events Real Estate Submit Your Property Arab Research Buy a Research Press Releases Submit your PR Join Newsletters

© 2000 menafn.com All Rights Reserved. Terms of Service \| Privacy Policy \| Contact Us \| Advertise \| About MENAFN \| Career Opportunities \| Feedback \| Help