Government forecasts show steady economic growth, rising investment and increased social spending, as the Sultanate outlines its financial priorities for the coming year and beyond
Oman budget
Latest in Oman budget
dudget
Oman budget 2024: $28.6bn revenue, $30.3bn spending on $60 per barrel oil price forecast
Oman expects deficit of $1.7bn in 2024 as it delivers detailed breakdown of budget for year ahead
Ministry of Finance - Oman
Oman revenues hit $11.4bn, surplus stands at $1.3bn
Oman’s Finance Ministry says revenues are up four per cent on last year
economic outlook
Oman set to extend economic reforms as finances stabilise after Covid shock
Foreign minister Sayyid Badr bin Hamad Albusaidi says Oman’s fiscal position is now ‘sound and improving’
budget deficit
Oman’s budget deficit drops to lowest in 5 years
Oman’s state budget predicts a deficit of $7.27bn for 2019
Fitch Ratings
Oman gov’t to tap capital markets to plug budget gap
Gulf nation is looking to raise $6.2bn internationally and at home to cover bulk of budget shortfall
