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Oman Boosts Development Spending by 38%: What This Means for Investors and Business Growth Opportunities

by Newsroom Editor
June 23, 2026
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MUSCAT, JUNE 22 — Oman’s State Final Account for the Fiscal Year 2025 reveals a compelling narrative beyond the headline deficit figure. Development expenditure reached RO 1.577 billion, exceeding the approved budget allocation of RO 1.140 billion by RO 437 million, marking a significant 38 percent increase.

The Ministry of Finance clarifies that this rise was intentional, reflecting additional funds allocated to…

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