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Oman
Oman’s government is recognized for its prudent fiscal management and commitment to economic diversification, guided by Oman Vision 2040 and its latest five-year development plan. The country’s 2025 budget projects a fiscal deficit of OMR 0.62 billion, with oil and gas revenues expected to make up about 68% of total receipts. Oman’s approach to budgeting remains conservative, balancing growth and stability while maintaining a manageable public debt-to-GDP ratio. These policies, along with stable government revenues and ongoing credit rating improvements, have supported Oman’s consistent presence in international bond markets
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