Oman is considering spending cuts as it looks to balance its budget for 2015 amid falling oil prices and export revenue.
Speaking to Oman’s Majlis al-Shura (Consultative Council) this week, Finance Minister Darwish al-Balushi said Oman’s government is considering a raft of spending cuts to balance the 2015 budget. Without revisions the country faces a deficit, he said. (CONTINUED - 980 WORDS)
