Abdulnabi Macki
Abdulnabi Macki
barrels estimate oil per produce
On an average, we estimate to produce approximately 746,000 barrels of oil per day in 2006.
average barrels boost coming crude declining estimated expected few increase last major next number oil per plan production projects undertaken
Oman's oil production has been declining over the last few years. Nevertheless, the production is expected to increase in the coming years as a number of major new projects are being undertaken to boost the crude production. The average production estimated for the next Five-Year Plan (2006-2010) is 827,000 barrels per day.
control front full government inflation measures necessary stability vigilance
The government is maintaining full vigilance on the inflationary front and will take all measures that are necessary to keep inflation under control for macro-economic stability and growth.
budget create improve jobs living standard thrust
The thrust of the budget is to improve the standard of living of citizens, of course, to create more jobs for nationals.
capital class cost encouragement five foreign gas industrial led low natural period port price projects renewable tax total
Low price of natural gas inputs, provision of world class port services, tax exemption for a renewable period of five years and encouragement of foreign capital in natural gas-based industrial projects led to the implementation of many projects with a total cost of $13 billion.
budget economic growth help sets sustain uphold
It's a budget that sets priorities. It's a budget that will help us sustain economic growth and uphold pro-development policies.
budget budgets
It's a budget that invests for the long term.
agreement beyond continue country hope india project says selling unless
I hope that the project will continue selling to India beyond the 15 years agreement, unless India says otherwise, and we have not thought of any other country at the moment.
absolute activity contribute deficit domestic economic further gets gross indirectly spur
In absolute terms, the deficit is high. However, this will contribute significantly to the country's gross domestic product. As economic activity gets a boost, the deficit will indirectly spur further economic growth.
achieved annual average balance cent constant current december dimension economic ending entails expect five focus growth income less per plan targeting three year
The dimension of the current Five Year Plan (2001-2005) ending on December 31, 2005, entails economic balance and sustainable growth. Conservatively, the focus has been on real average income per capita by targeting annual GDP growth of not less than three per cent at constant rates. As the plan comes to a close, we expect to have achieved this target comfortably.