Oman’s Public Authority for Civil Aviation (PACA) will raise fees charged for air traffic through the Sultanate, according to a tweet by the authority.
According to the authority, the decision is part of a series of steps taken by Oman to strengthen state finances as it grapples with a big budget deficit caused by low oil prices.
“The new aviation tariff is expected to increase PACA’s revenues by more than 25 per cent, improving the sector’s contribution to the state budget,” Mohammed Al -Zaabi, the authority’s chief executive, said in a statement.
Source: TimesOfOman