"Oman Economy" Archives

Oman Posts $3.1bn Budget Deficit, down 22% YoY

by Amruth Sundarkumar | Sep 6, 2021 | Sovereigns

The Sultanate of Oman managed to reduce its budget deficit by 22.2% YoY to OMR 1.21bn ($3.14bn) by end-July 2021 vs. OMR 1.55bn ($4.02bn) at end-July 2020 after it managed to improve its revenues by 0.5% and reduce its public spending by 4.7% YoY. The total revenue in...

Oman Seeks IMF’s Technical Assistance; Bonds Inch Higher

by Amruth Sundarkumar | Jul 8, 2021 | Sovereigns

The Sultanate of Oman has reached out to the IMF to seek technical assistance to manage its fiscal framework. The IMF released the Staff Concluding Statement with the Omani Government in which it said that the authorities have requested IMF’s help in...

Oman Secures $1.56bn from Sovereign Wealth Fund

by bondevalue | Apr 5, 2021 | Sovereign Bonds, Sovereigns

The Sultanate of Oman borrowed $1.56bn from its sovereign fund, Oman Investment Authority and $4.6bn from other sources (external and internal) to partly finance its 2021 budget, the finance ministry said in its March fiscal performance report. The total borrowing of...

Oman Posts $3.1bn Budget Deficit, down 22% YoY

Oman Seeks IMF’s Technical Assistance; Bonds Inch Higher

Oman Secures $1.56bn from Sovereign Wealth Fund

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Oman Posts $3.1bn Budget Deficit, down 22% YoY

Oman Seeks IMF’s Technical Assistance; Bonds Inch Higher

Oman Secures $1.56bn from Sovereign Wealth Fund

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