Oman : Business Climate

Some of the important achievements of Oman's economic development during
its renaissance were:

Some of the Government's main objectives of the fifth plan are:

Financial Framework of the Plan


Estimated Government Revenue & Expenditure
During The Fifth Five-Year Plan (1996-2000)

Description

    1996 

    1997

    1998

    1999

    2000

      Total

I. Revenues:
Oil Revenues

Minus transfer to:
Oil Reserve fund

  1. Net Oil Revenues

  2. Natural Gas revenues

  3. Other Current Revenues

  4. Capital Reciepts

  5. Capital & Loan Recovery


1504

31


1473
56
384
8
13


1533

31


1502
59
410
8
13


1528

31


1497
63
438
8
13


1523

32


1491
75
444
8
13


1522

32


1790
79
526
8
13


7610

157


7453
332
2202
40
65

6. Total revenues (1+2+3+4+5)

1934

1992

2019

2031

2116

10092

II.  Expenditures:
     Current Expenditures:

7.  Defence & National Security
8.  Civil Ministries
9.  Interests on loans
10.Government's share in PDO's
     Current Expenditures


699
867
120

96


679
855
120

97


641
846
120

97


640
864
120

98


640
878
120

99


3299
4310
600

487

11.Total Recurrent
Expenditure (7+8+9+10)

1782

1751

1704

1722

1737

8696

Investment Expenditures:
12. Civil Development
      Expenditures
13. Natural Gas Exploration
14. Government's Share in
      PDO's Capital Expenditures
15. Human Resources
      Development Program



135
12

179

28



135
10

179

48



135
6

176

68



135
7

171

67



135
7

160

61



675
42

865

272

16. Total Investment
Expenditure (12+13+14+15+)

354

372

385

380

363

1854

Contribution & Support
to the Private Sector:

17. Support to Oman
      Housing Bank
18. Support of Soft Loans to
      Industrial & Tourism Sectors
19. Support of Soft Loans -
      Agriculture, Fisheries, Health,
      Education & Handicrafts
20. Contingency Reserves



6

4

2

4



6

4

2

4



6

4

2

4



6

4

2

4



6

4

2

4



30

20

10

20

21. Total Contribution &
      Support to the Private
      Sector (17+18+19+20)

16

16

16

16

16

80

22. Total Public Expenditure
     (11+16+21)

2152

2139

2105

2118

2116

10680

23. Current Deficit (6-22)

-218

-147

-86

-87

__

-538

(Source: Official Gazette)


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