Omantribune
Oman Tribune
Omantribune
Omantribune Search News
Web Oman
    Google Search Button
      Tribune
- Oman
- Soccer World Cup
- Other Top Stories
- Middle East
- Business
- Sports
- India
- Pakistan
- Asia
- Europe
- Americas
- Columnists
- Editorial
- Oman Mirror
- Special Features
- Cinema
- PDF Pages
- Weather
- Travel
- Currency Rate
- Hospitals
- Pharmacies
- Services
- Flight Timings
- Museum Timings
Omantribune Home Omantribune About Us Omantribune Advertising Information Omantribune Archives Omantribune Subscribe-Form Omantribune Jobs Omantribune Contact Us
Sunday, August 31, 2014  

Sultanate’s revenues jump 40% to 4.6b rials
MUSCAT The Sultanate’s revenues rose 39.6 per cent to 4.6 billion rials during April 2012 from 3.29 billion rials in the corresponding period last year, according to a monthly report.

The State’s General Budget surplus stood at 1.47 billion rials during April 2012 as against a deficit of 114.3 million rials in the same period last year.

The report attributed the rise to higher oil revenues. Sultanate’s oil revenues increased 35 per cent to 3.27 billion rials during the month as against 2.42 billion rials in the same month last year, while revenues from gas exports surged 108 per cent to 687.1 million rials in April as against 330.3 million rials last year.

Custom charge earnings also rose 40 per cent to 66.1 million rials during the month as against 47.2 million rials in the same period last year, while capital revenues declined 36.9 per cent to 4.1 million rials against 6.5 million rials last year.

Income tax revenues of the companies in the Sultanate rose 70 per cent to 132.6 million rials during April from 78 million rials last year.

Other revenues also increased 6.9 per cent to 441.7 million rials as against 431.3 million rials in the same period in 2011.   

The government’s total general expenditure jumped 25.8 per cent during April 2012 to 3.13 billion rials as against 2.49 billion rials in the same period last year. The report pointed out that the rise in the general expenditure was on the back of a 41.7 per cent increase in current expenditure that stood at 2.02 billion rials in the month from 1.42 billion rials last year.

The contributions from the private sector rose 79.8 per cent to 341.7 million rials during the month as against 190 million rials in 2011.   The Sultanate’s investment spending declined 11.8 per cent to 771.6 million rials as against 875.3 million rials in the same month last year.    

Oman News Agency
NEWS UPDATES
Oman
Bali meet stresses need to strengthen cultural bonds
Passenger traffic at Muscat, Salalah airports increases
GCC rail and metro meeting in Jan.
Remittances likely to rise in festive seasons
Colourful, lively dance presentation on Sept. 6
Other Top Stories
Lesotho PM flees to South Africa after ‘military coup’
32 peacekeepers rescued from IS rebels in Golan
GCC resolves spat with Qatar
11 killed in suicide attack near Baghdad, 30 injured
Senegal confirms first case of Ebola
India
Delhi to ink $2.5b Chinook, Apache choppers deal
Pakistan trade expo postponed over truce violations along LoC
Pakistan trade expo postponed over truce violations along LoC
BJP offered me post of Delhi chief minister, claims Vishwas
‘Sonburn’ leaves blot on Rajnath’s spotless public life
Water ATMs bring revolution
Varanasi to turn ‘smart city’ in partnership with Kyoto
Maran brothers charged in Aircel-Maxis deal case
Norms on blacklisting arms manufacturers facing graft charges eased
No alliance with Mamata: Left
Bhagwat, Togadia and Khan face heat over hate speech
Pakistan
Imran lambasts Sharif for move to ‘defame army’
Army chief was asked to ‘facilitate talks, not mediate’ to resolve crisis
PM dismisses political crisis, says it’s only tiny storm
28 doctors lost lives in targeted attacks in four years
People displaced by border firing live in dire straits
Shortage of vaccine hampers polio campaign
Middle East
Obama’s cautious approach to airstrikes on IS draws flak
Yazidi women ‘sold into marriage’ to IS insurgents
Badie’s death sentence commuted to life in prison
Britain raises alert level over possible terror attacks
Maldives media raise $2m for Gaza residents
Jordan battles to counter IS threat as support surges
Asia
6 killed in Taliban attack on Afghan intelligence HQ
China talks tough, warns against external interference in HK
Three killed, 8 wounded in Mindanao jailbreak
Bangladesh former minister jailed for war crimes dies
Withdraw Putin invite to G20 summit: Pussy Riot
Ethnic stir hits Myanmar’s census
Business
Sound finances, robust growth support credit profile: Moody’s
Surge in narrow money pushes up liquidity in H1
Tablet sales lose momentum as PCs pick up steam, says IDC
Reliance lines up $13b energy projects
India to grow faster in coming quarters: Jaitley
All-new 2015 Honda Accord drives into Sultanate
Essar sells Kenya telecom unit for $120m
India needs to woo investments, spur consumer demand for sustained recovery
Coal shortage hits India power units
India state firms’ sell-off to begin in 3 months
Qualcomm insider to provide Intel a chip boost
Fiat-Chrysler merger clears major hurdle
FAW ex-staffer faces heat over anti-graft probe in China
Apple, NXP to introduce ‘pay by touch’ feature in new iPhone
Mazda launches AAA roadside assistance
Europe
Kiev troops leave Luhansk
Egg-throwing, insults heat up Scotland vote
Missing five-year-old with brain tumour could be in Spain, say UK cops
Leaders try to end wrangling over EU top jobs
Sports
Dilshan guides Lanka to thumping win
Clarke hoping to be fit for today’s clash
Clarke hoping to be fit for today’s clash
Surprises galore for women at US Open
United agree to $23m Blind deal with Ajax Amsterdam
Toure is ready to play in Moscow, says Pellegrini
Marquez roars to pole at Silverstone
Chong Wei reaches third straight world final
Castroneves on pole, Aleshin hurt in crash
Krpalek lifts first ever gold for Czech
Indian spinners put England in bind
Americas
China, Russia are nowhere near US: Obama
Silva widens lead over Rousseff ahead of Brazil presidential poll
20 rescued, 5 missing after Nicaragua mine collapse
California slaps ban on plastic grocery bags, tightens gun control
Colombia militia’s former leader held
Ecuador nuns go public for first time in 150 years
No refuge...Cuba migrants back at sea in 6m boat

Sports


International

© 2013 Oman Tribune. All rights reserved. Best viewed in 800 X 600 resolution