𝐇𝐢𝐠𝐡𝐞𝐫 𝐄𝐧𝐞𝐫𝐠𝐲 𝐏𝐫𝐢𝐜𝐞𝐬 𝐒𝐮𝐩𝐩𝐨𝐫𝐭 𝐎𝐦𝐚𝐧'𝐬 𝐏𝐮𝐛𝐥𝐢𝐜 𝐃𝐞𝐛𝐭 𝐑𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧

Higher energy prices are providing a boost to Oman's public finances, helping the Sultanate reduce its public debt, according to an analysis by AGBI. The development highlights the continued importance of the energy sector in strengthening government revenues and supporting fiscal consolidation. It also underlines the value of translating favourable energy-market conditions into stronger public finances and greater long-term economic resilience. For Oman, sustaining this progress alongside economic diversification, responsible spending and the development of non-oil sectors will remain important to building a more balanced and resilient economy in line with Oman Vision 2040.