Which one is it?
I'll be the first to admit that I wasn't very good at Econ in college but the way I understand it whenever you spend more than what you earn it's called a deficit. And since you can't get something from nothing, the deficit is always financed from somewhere. It could be borrowing, it could be withdrawal from reserves, or selling assets, or whatever. It's ridiculous to call a deficit balanced just because the shortfall is being covered.
The Times of Oman want to have it both ways: praise the government on the first page and then shout DEFICIT on the front of the business page. That's just plain hypocritical.
Fact is unless oil prices collapse in 2006 there will not be a deficit and the government will end the year with a surplus again. I'm disappointed that defence expenditure is rising again and that health and education spending isn't rising fast enough. Nothing's changed. We're still a country that's more concerned with having a big army than with having a better educated population.