Oman Posts Third-Quarter Budget Surplus as Revenue Rises 16%

Oman's ‌public revenue rose 16% by the end of the third quarter to 9.828 billion Omani rials ($25.53 billion), the Oman News Agency said in a post ‌on X on ‌Wednesday. Public spending ‌rose ⁠9% to about ⁠9.74 billion rials, and the state budget recorded a surplus of about 90 million rials ⁠at the end of ‌the ‌third quarter. Public debt ‌fell by more ‌than 600 million rials from a year earlier, to about 14.1 ‌billion rials from 14.7 billion. Dues paid ⁠to ⁠the private sector and received through the financial system totaled more than 1.43 billion rials by the end of the third quarter.