PROJECTED: Oman SWF Expected to Pay Government Around 800 Million Omani Rials in Dividends

Posted on 01/03/2021

Oman’s economy remains hampered by low oil prices and COVID-19. Oman’s Ministry of Finance expects around 413 million Omani rials in revenue from excise tax and a new value-added tax due to come into play in April 2021. The finance ministry expects the Oman Investment Authority, the converted SWF entity from Oman State General Reserve […]

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