Governmental income down by 9% in Oman

The Omani Ministry of National Economy said in a statement that the governmental income in the Sultanate decreased by 9% in the first half of 1998 in comparison with the same period last year.

The report pointed out that Oman's income in the first six months of the current year reached $6.9 billion in comparison with $7.6 billion in the same period last year.

The report also said that the incomes from the gas and petroleum sectors registered a reduction of 31.7% while non-petroleum income increased by 6.5%.