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الشبيبة
Oman allocates 188M riyals to development, mainly roads
Oman announced that the inflation rate reached 2.9%, clarifying that global variables have a greater impact on the economy. The ministry also released data indicating that developmental spending exceeded 188 million Omani riyals, with roads accounting for 68% of that expenditure. Expectations suggest that the revenues of the Duqm refinery will reach $7 billion in 2025, with an ongoing focus on its production this year. Additionally, Oman has won the bid to host the 23rd World Wind Energy Conference in 2027.
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