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Petroleum Reserve Fund

Petroleum Reserve Fund latest

BofA Merrill Lynch expect the fiscal deficit to narrow this year on higher oil prices, but hover around 2015 levels. (File Photo)
March 2nd, 2017 - 06:00 GMT

Oman deficit will require external financing: BoA Merrill Lynch

The sharp drop in oil prices last year and spending slippage have led to a large widening in Oman's fiscal deficit in 2016.
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