Tuesday, October 27, 2026

Oman News

Oman cuts public debt to RO 14.1 billion by Q2 2025

The Sultanate of Oman has succeeded in reducing its public debt to approximately RO 14.1 billion by the end of the second quarter of 2025.

TAS News Service

info@thearabianstories.com

Sunday, August 17, 2025

MUSCAT : The latest financial bulletin issued by the Ministry of Finance indicates that the government also settled over RO 749 million in dues owed to the private sector through the financial system by the end of June 2025.

However, the state’s public revenues declined by 6 percent year-on-year, reaching RO 5.839 billion by the end of the second quarter. The ministry attributed the dip mainly to a decrease in oil revenues.

Public expenditure, on the other hand, rose to RO 6.098 billion, marking an increase of RO 292 million, or 5 percent, compared to the actual expenditure during the same period in 2024.

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