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Home FINANCE

Oman to post first fiscal surplus in a decade: Fitch

by Newsroom Editor
August 10, 2022
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Fitch Solutions, a leading provider of credit intelligence, has said that Oman’s latest data release supports its view that the sultanate will post its first yearly fiscal surplus in a decade in 2022 amounting to 6.5% of GDP. 

 

Revenue figures were in line with Fitch’s expectations, and it expects revenue to rise further in H2 2022 as a result of high energy prices. 

 

“We expect that expenditure growth will…



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