-
8 Dec 23
Continued growth in oil revenues could help maintain Oman’s budget surplus and bring down debt, and has contributed to a credit rating upgrade by Moody’s.
-
14 Nov 23
High oil prices and fiscal discipline seem set to boost Gulf Cooperation Council governments’ fiscal situations, S&P Global Ratings has said.
-
14 Nov 23
Oman’s decision not to compete with its neighbours is paying dividends, writes international consultant Robert Ravelli.
-
2 Jun 23
The Oman government is set to invest more than £4bn in a bid to reduce the nation’s dependence on fossil fuel revenues.
-
15 Aug 22
High oil revenues will give Oman two years of budget surpluses, pushing its debt below many of its peers, and continuing reform efforts look set to keep its public finances on solid ground, ratings...
-
23 Oct 20
The Omani Sultan has approved a medium-term fiscal plan in the hope of balancing the country’s public finances and decreasing its dependence on oil revenue.