The national economy is set to post a seven per cent growth in the State Budget 2013, while government expenditure is likely to touch 13 billion Omani riyals, according to Darwish Bin Esmaeel Al Balushi, Minister Responsible for Financial Affairs.
Speaking at a Majlis Ashura session on Sunday, Al Balushi reviewed the salient features of the budget, both on the social and economic fronts.
The minister affirmed that the financial allocation for government ministries and units’ development programme have been raised by about 30 per cent to complete infrastructure projects under way, like ports, airports, roads, water, sewerage networks and projects at Al Duqm Special Economic Zone and other areas.
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