The kingdom will stick to its plan to cut spending by 7.3 per cent in 2021
Besides signing a bridge loan for OMR770m and issuing OMR550m in development bonds this year, Oman has also been tapping its reserves and privatising some assets
The government could still face a budget deficit of over 13 per cent of gross domestic product in 2020
The sultanate’s dollar-denominated bonds have lost 1.6 per cent this year, the worst performer in the region
Kuwait raised $8bn in March 2017 in its first sale of international bonds
The 10-year bonds yield 7.375 per cent, a substantial yield premium that has attracted more than $7.5bn so far
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