Tuesday, August 25, 2026

Oman News

Oman’s Finance Ministry pays over OMR 507 million due to private sector

By the end of the first half 2023, the Ministry did not withdraw from reserves as planned, as a result of generating additional revenue.

TAS News Service

info@thearabianstories.com

Monday, August 14, 2023

MUSCAT: The Ministry of Finance has paid more than OMR 507 million due for the private sector by the end of the first half of 2023.

“This reflects the payment vouchers received through the e-financial system, and which have completed the documentary cycle,” the Ministry of Finance said in a statement.

The Ministry of Finance also repaid more than OMR 1.5 billion against public debt by the end of the first half of 2023, reducing the total public debt to OMR 16.3 billion. By the end of the first half 2023, the Ministry did not withdraw from reserves as planned, as a result of generating additional revenue.

For all the latest news from Oman and GCC, follow us on Twitter, Instagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.

Close