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Oman boosts 2014 budget expenditure

Oman’s finance minister, Darwish bin Ismail Al Balushi, has said the budget for 2014 has projected an expenditure of OR13.5bn, up 5% over the budget estimate of last year at OR12.9bn, Times of Oman has reported. Projected revenue for this year is OR11.7bn, a 4.5% increase over last year’s budget estimate of OR11.2bn, Al Balushi said.