The OPEC member recorded the highest non-oil revenue in seven years, up 38.5 per cent to KD2.4bn
Public revenue was OMR1.82bn at the end of March
The Gulf Arab kingdom is selling benchmark-size seven-year debt, 12-year securities and/or notes maturing in 30 years
The world’s largest crude exporter is relying on more borrowing as it grapples with the impact of the twin economic shocks caused by oil market turmoil and the coronavirus pandemic
Reports suggest the number could double if oil sector bonuses are included
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