Monday, January 3, 2011

Oman to spend $78 billion in five-year economic plan

Oman plans to spend 30 billion rials ($77.92 billion) in its new five-year economic plan to 2015, including about 6 billion rials allocated to oil industry, the Gulf state's national economy minister said on Sunday. The bulk of spending in the new plan, which runs 2011 to 2015, will go toward roads, hospitals and education.

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