Times of Oman - May 1, 2016

Page 1

SUNDAY

May 1, 2016 23 Rajab 1437 AH

FROM THE WORDS OF HIS MAJESTY THE SULTAN

On the occasion of the 4th National Day, 1974

MORNING MINUTE

‘His Majesty’s Wisdom’ Information is the mirror of reality. Its duty is to reflect the various fields of activities which our country is witnessing in its modern age. Founded 1975 . Volume 41 No. 59

| 40 Pages . Baisas 200 . Subscription OMR63 | ISO 9001:2008 Certified Company | Chairman/Editor-in-Chief: Mohamed Issa Al Zadjali | Printed & Published by Muscat Media Group

PUBLIC AUTHORITIES FACE CUT IN PERKS TO REDUCE DEFICIT

D E R E G U L AT I O N

Petrol, diesel to cost more in May REJIMON K reji@timesofoman.com MUSCAT: Petrol and diesel will cost more in May than in April, according to a tweet posted by the Ministry of Oil and Gas in Oman. In May, the price of revised regular petrol (M90) will be 149 baisas per litre, for super graded (M95), it will be 161 baisas and diesel will cost 166 baisas. In April, the price of revised regular petrol (M90) was 145 baisas per litre, super graded (M95) was 158 baisas and diesel cost was 163 baisas. In March, revised regular petrol (M90) price was 130 baisas

The decision aims at shoring up the country’s economy and ministries will not be affected by this move as they do not enjoy such privileges FAHAD AL GHADANI Fahadnews@timesofoman.com MUSCAT: Public authorities and institutions in Oman will face a number of cuts in their benefits, according to a decision made by the Ministry of Finance. A financial circular (11/2016) signed by Darwish bin Ismail bin Ali Al Balushi, Minister Responsible for Financial Affairs, stated that the decision has been made to cushion the economy, which is struggling due to the low oil prices. Speaking to the Times of Oman, Khalid Al Busaidi, public relations officer at the Ministry of Finance, confirmed the decision. “Yes the circular was issued on

April 19,” Al Busaidi said. This decision comes close on the heels of a similar decision implemented for employees in the semigovernment companies. Giving the details, Khalid Al Busaidi said that the authorities and institutions that fall under the decision include Information Technology Authority, Authority for Electricity Regulation, Telecommunications Regulatory Authority, and Public Authority for Consumer Protection, in addition to The Public Authority for Investment Promotion & Export Development ITHRAA, Special Economic Zone Authority – Duqm, Public Authority For Radio and Television, and Public Authority for Craft Industries. >A6

ROP

Road crash deaths dip 48% since 2012 REJIMON K reji@timesofoman.com

TOP THREE INSIDE STORIES

OMAN

‘Nurse’s body to be flown back to India today’

1

Murdered Indian nurse Chikku Robert’s body will be flown to India on Sunday evening, the Indian consular agent in Salalah said. >A3

Saham lift HM’s Cup

C1

per litre, super graded (M95) was 145 baisas and diesel cost was 146 baisas. In February, the price of super grade petrol was 153 baisas per litre, for regular grade petrol it was 137 baisas and for diesel it was 146 baisas per litre. Following the dip in global oil prices, Oman had deregulated its oil prices in January this year as part of the austerity measures aimed at reducing the budget deficit. Fuel subsidies for 2015 were estimated to be OMR580 million, and with deregulation the government will be able to save that money.

OMAN

MARKET

Municipality raids unlicenced food joint

Islamic banks’ financing in Oman

2

3

An unlicensed kitchen was raided by Muscat Municipality officials. >A4

Islamic banking entities provided financing to the tune of OMR1.85b. >B1

MUSCAT: Road accident deaths in the Sultanate have dropped by 48 per cent since 2012, according to a tweet by the Royal Oman Police (ROP). In 2015, the number of deaths caused by road accidents was 675, while in 2014 it was 816. In 2013, it was 913 and in 2012 it was 1,139. Recently, the ROP implemented stringent measures to take into custody traffic violators, who risk their lives and others too. During the first week of April, the ROP uploaded a statement on its official Twitter handle saying that drivers who fail to stop at a red light risk a jail sentence of up to a year and a fine of up to OMR500, or one of these punishments. The ROP also issued a warn-

ing against the use of phone while driving. According to the ROP, using a phone while driving poses a greater danger than being under the influence of alcohol, it said in a statement. “Studies indicate that the probability of an accident happening is greater with a driver, who uses a phone while driving, than with someone under the influence of alcohol,” the ROP said.


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