Oman today_ Oman has announced its 2025 budget with the aim of achieving economic growth, social welfare, and financial stability. The budget is set with an estimated revenue of OMR 11.18 billion and expenditure of OMR 11.8 billion, focusing primarily on reducing reliance on oil, achieving 3% economic growth, and ensuring equitable development across the country.
A significant portion of the budget, amounting to OMR 5 billion, is allocated to social services, including education, social security, and healthcare. Additionally, OMR 1.14 billion has been designated for development projects, which are expected to have a substantial impact on the economy and society.
Despite increased expenditures, the budget deficit has been reduced to OMR 620 million. Aligned with Oman Vision 2040, this budget aims to enhance citizens’ quality of life and strengthen the country’s economic foundation.
Oman’s 2025 Budget: Focus on Economic Growth and Social Welfare
