Oman achieves budget surplus on higher oil prices – MEED

Oman achieves budget surplus on higher oil prices – MEED

Revenues in January increased by 85 per cent when compared to the same period last year

Muscat has issued a statement saying that the sultanate achieved a budget surplus during January this year thanks to high oil and gas prices.

Oman reported a surplus of RO18m in January 2022, compared to a deficit of RO282.9m in January 2021.