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Subsidies cut by 20%

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Subsidies cut by 20%Oman’s government has slashed 20 per cent from its subsidy bill over the past three years According to the CBO, subsidies and other current transfers fell from OMR562.3 million in 2013 to 451.5 million in 2016Subsidies on fuel were lifted at the start of 2016 Electricity subsidy for large or corporate consumers was lifted from January this year. Website: http://timesofoman.com Facebook: http://facebook.com/timesofoman Twitter: http://twitter.com/timesofoman

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