Overview
- Oman projects RO11.447 billion in revenue, RO11.977 billion in spending and a RO530 million deficit for 2026, assuming US$60 per barrel oil.
- A RO400 million annual allocation will fund economic transformation projects under the 2026–2030 plan.
- Public debt is expected at about RO14.6 billion (around 36% of GDP), with any higher oil receipts directed to closing the gap and reducing debt.
- Social investments outlined include 42 new schools, hiring 3,706 health workers and consultancy work for a National Center for Women’s Health.
- Net oil is forecast to provide about half of 2026 revenue, with non-oil at 33% and net gas at 17%, while 51,482 new jobs for nationals were reported last year.