Oman posted a budget deficit of RO1.92 billion ($4.98 billion) in the first half of this year, against a RO250 million surplus a year earlier, because of lower oil export prices, provisional Finance Ministry data showed on Wednesday.
    
Oman's total revenues in the first half of this year amounted to RO4.579 billion (RO7.194 billion in H1 2014), while the expenditure was RO5.798 billion (RO6.194 billion in H1 2014). Actual expenditure under settlement was RO700 million (RO750 million in H1 2014).
 
Oman's 2015 budget plan envisages government expenditure of RO14.1 billion and a deficit of RO2.5 billion, assuming an average oil price of $75 per barrel. - Reuters