The Sultanate of Oman approved the 2025 budget, amid the government's keenness to avoid global oil shocks, promote economic reforms and control prices to ensure the stability of the economy, and increase social support allocations to the most needy.
The approved budget allocated 40 percent of total spending to social and basic sectors such as education, health, and housing, reflecting the government's commitment to improving the standard of living of citizens. The general state budget for 2025 estimated revenues at 11.18 billion riyals (about 29 billion dollars). Revenues depend a lot on oil revenues by more than 50 percent and gas by about 16 percent, as oil and gas revenues constitute more than 70 percent of total revenues, while spending is estimated at 11.8 billion riyals, with an estimated deficit of about 620 million riyals, equivalent to 5.5 percent of total revenues.
Source (Al-Araby Al-Jadeed Newspaper, Edited)
