Oman’s Fiscal Performance in Q2 2025: Lower Debt, Timely Payments, and Steady Spending
Despite softer revenues driven by lower oil receipts, Oman maintained prudent fiscal management in Q2 2025—reducing debt, paying the private sector on time, and sustaining essential spending.
≈ OMR 14.1 billion
Improved debt position
> OMR 749 million
Timely disbursements
≈ OMR 5.839 billion
▼ 6% YoY (lower oil receipts)
≈ OMR 6.098 billion
▲ OMR 292 million (≈5%) YoY
Overview
Oman’s fiscal indicators for Q2 2025 reflect disciplined financial management amidst a softer revenue environment. The government reduced its public debt stock, honored obligations to the private sector with timely payments, and sustained expenditure to support services and development projects.
Debt & Liquidity Support
- Public debt: approximately OMR 14.1 billion at end-Q2 2025, highlighting ongoing efforts to strengthen debt sustainability.
- Private-sector payments: more than OMR 749 million disbursed through the financial system—supporting liquidity and business continuity.
Revenue Performance
Total public income reached ~OMR 5.839 billion (YTD through Q2), a 6% year-on-year decline mainly due to lower oil revenues, underscoring exposure to global energy price movements.
Expenditure Trends
Public spending amounted to ~OMR 6.098 billion by end-Q2 2025—an increase of OMR 292 million (about 5%) from the same period in 2024—reflecting commitment to essential services and ongoing development projects.
Quick Reference
| Indicator | Q2 2025 (YTD) | YoY Change | Notes |
|---|---|---|---|
| Public Debt (end of period) | ≈ OMR 14.1 bn | Improved | Ongoing debt management and sustainability focus |
| Payments to Private Sector | > OMR 749 mn | Timely | Supports liquidity and economic activity |
| Total Public Revenue | ≈ OMR 5.839 bn | ▼ 6% YoY | Lower oil receipts were the main driver |
| Total Public Expenditure | ≈ OMR 6.098 bn | ▲ OMR 292 mn (≈5%) | Sustained essential services and development |
All figures reflect year-to-date performance through the end of Q2 2025, as provided in the source text.
Bottom Line
Debt downPayments on timeRevenue softerSpending steady
Overall, Oman’s Q2 2025 fiscal performance demonstrates careful debt management, strong private-sector support, and balanced spending in the face of revenue headwinds.
