Oman reports 13% rise in public revenues in Q2

Oman's data shows that its public revenues in the second quarter of this year increased by 13%, reaching approximately $17.19 billion. This growth is primarily attributed to the rise in oil revenues, which increased by 10%, with the average price per barrel at $74 and oil production at 1.074 million barrels per day. Gas revenues also experienced an annual increase of 32%. Meanwhile, overall expenditures rose by 9%, and there was a slight decline in public debt, which stood at $36.84 billion.

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