Tag: Middle East Economy

Oman budget: Taxes, gasoline prices to be raised due to low oil prices

Oman budget shortfall in 2016 DUBAI, United Arab Emirates _ Oman is going to cut government spending and also raise taxes and gasoline prices to cover an anticipated budget shortfall in the coming year. That’s according to a statement Wednesday from Oman’s Council of Ministers. The council’s statement, carried by the state-run Oman News Agency, […]