Oman's budget surplus widened to 442.3 million rials ($1.2 billion) in the first seven months of the year compared with January-June, data from the Gulf country's finance ministry showed on Sunday.
OMAN BUDGET 01-07/11 01-06/11 01-07/10 revenue (mln rials) 6,326.3 5,443.3 4,420.5 expenditure 4,668.4 3,942.7 3,963.4 actual expenditure under settlement 1,215.6 1,114.0 0.0 balance 442.3 386.6 457.1
NOTE. Oman based its 2011 budget on a projected oil price of $58 a barrel and expected a deficit of 850 million rials. Analysts polled by Reuters in June expected the non-OPEC oil producer to post a surplus of 4.8 percent of gross domestic product in 2011.
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