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Oman's public revenue rises 13% to $17.2bln in first half of 2026

Oman's public revenue rises 13% to $17.2bln in first half of 2026

Oman's public revenue rises 13% to $17.2bln in first half of 2026

Aug 24, 2026

MUSCAT:- The Sultanate of Oman's public revenues recorded a 13 % increase by the end of the second quarter of 2026, reaching approximately OMR6.602 billion, compared to approximately OMR5.839 billion during the corresponding period of the previous year. This growth is primarily attributable to higher oil revenues.

According to the Fiscal Performance Bulletin issued by the Omani Ministry of Finance, total public expenditure stood at approximately OMR6.619 billion by the end of Q2 2026, marking an increase of OMR521 million, or 9 %, relative to the OMR6.098 billion recorded during the same period in 2025. This rise reflects higher development and current expenditures compared to the equivalent period last year.

The Bulletin further indicated that net oil revenues rose by 10 % by the end of Q2 2026, reaching approximately OMR3.332 billion, compared to OMR3.018 billion recorded during the same period in 2025.

Net gas revenues also increased by 32 % to OMR1.164 billion, up from OMR884 million in the corresponding period of 2025.

The Bulletin noted that total public debt amounted to OMR14.16 billion by the end of Q2 2026, relative to OMR14.12 billion recorded at the same period in 2025, representing a marginal increase of approximately 0.3 %.