Oman expects public debt to top $56 billion by end-2021: Document

Oman expects a 2021 budget deficit of 2.24 billion rials as public spending of 10.88 billion tops revenue of 8.64 billion, the finance ministry document showed. To make up the shortfall the government aims to raise about 1.6 billion through borrowing and draw 600 million from its reserves.

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