Oman's general revenues until the end of May 2023 increased by 3 percent, recording about RO 5.463 million ($ 14.2 billion), compared to RO 5 billion and 325 million (USD 13.8 billion) during the same period of 2022.
Oman's Ministry of Finance attributed the rise mainly to higher net oil revenues and current revenues, accounting for 52 percent and 30 percent of total public revenues, respectively.
Net oil revenues until the end of May 2023 increased by 9 percent, recording about RO 2.810 million ($7.3 billion), compared to RO 2.568 million ($6.6 billion) until the end of May 2022.
Source (Asharq Al-Awsat Newspaper, Edited)
