Report on the primary aims and objectives of 2020 Budgetary framework
Use the 2019 and 2020 annual budget information available in the link of Ministry of Finance, Sultanate of Oman to complete the tasks given.
Write a brief report on the primary aims and objectives of 2020 Budgetary framework with a comparison of 2019, 2020 budgets focusing on revenues, expenditure and deficit.
Your report must focus on the present scenario of national and international economy with respect to the pandemic situation and the fall in oil prices.
Rationally, give your comments on how the government is going to address the deficit projected in the present highly volatile situation.
Primary aims and objectives of Budgetary Framework (2 marks)
Impact on revenues (3 marks)
Impact on expenditure ( 3 marks)
Impact on deficit (2 mark)