10 Hrs
Source:
المشهد العربي
Oman oil revenue lowers deficit
During the 2025 fiscal year, the Sultanate of Oman achieved an 8% increase in total revenue, reaching 12.122 billion Omani rials, compared to the initial estimates of 11.18 billion rials. This led to a 26% reduction in the actual deficit, which amounted to 461 million rials—lower than the projected 620 million rials—thanks to growth in the oil and gas sectors and increased spending on social protection programs and developmental projects.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)