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EXPLAINED: A Complete Breakdown Of Oman’s General Budget For 2023

The Ministry of Finance has affirmed that the average price of oil barrels was calculated at US$55 per barrel in the State Budget for...
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HM The Sultan Ratifies Oman’s State General Budget For 2023. Here’s Everything You Need...

His Majesty Sultan Haitham Bin Tarik has ratified the 2023 General State Budget through a Royal Decree issued today . The approved budget for 2023...
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Average Oil Price Projected At US$55 Per Barrel In State Budget 2023

The Ministry of Finance has revealed that initial total public revenues for State Budget 2023 are estimated to be about RO11.650 billion, up by...
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Oman Records RO1.1B Budget Surplus By September 2022

Oman’s budget achieved a surplus of RO1.123bn by the end of September 2022 when compared with a deficit of RO1.030bn over the same period...
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Oman State Budget Registers RO357M Surplus In Q1 2022

The Sultanate has registered a surplus in the State Budget of RO357mn for the first quarter of this year owing to conducive conditions in...
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Oman To Shrink Public Debt By Repaying Loans Worth RO2.85B

As a part of its Debt Management Strategy, the Ministry of Finance (MOF) will cut down its public debt by more than RO2.85bn (US$7.4bn)...
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ANALYSIS: Oman Revenues Jump Up By RO18mn; Marks An Increase Of 85.2%

Oman's state coffers are witnessing a financial surplus unseen in recent times, as it marked an increase of RO18mn in revenues in January 2022,...
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Finance Ministry Adopts New Mechanism For Controlling Financial Performance Of Oman’s 2022 Budget

Oman's Ministry of Finance organised a workshop on controlling the financial performance of the State's General Budget for 2022 via video conference, with participation...
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An Outline Of Oman’s Revenues In 2020

The State Budget’s closing account, issued by the Ministry of Finance, shows that actual revenues received during 2020 stood at RO8,503.2 million, less by...
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Oman General Fiscal Budget 2021: The Big ‘First Step’ Towards Achieving Vision 2040

Muscat: The Sultanate has announced its General Fiscal Budget for the year 2021 that focuses on taking cautious measures and a sustainable approach towards achieving...
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