Oman posts USD 31.5 million budget deficit in 2025, says report
As per the ministry, the deficit was 26% lower than the budgeted deficit of OMR 620 million (USD 1.61 billion), primarily due to higher energy revenues...
Tag : Ministry of Finance
UAE’s 4% depreciation rule for fair value assets welcomed
Following the implementation of the new amendment, a taxable person can claim depreciation at an annual rate of 4% on the investment property's original cost...
Croatia’s Railway Sector: On Route to Efficiency and Competitiveness?
Croatia’s railway system underwent deep reform to prepare for entry to the European transport market. The World Bank outlines how the railway sector can become a greater engine of growth and its railway companies more efficient and competitive. July 29, 2013: Croatia became an integral part of the European transport market when it joined the European...