Oman to post first fiscal surplus in a decade: Fitch

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…