Muscat: Oman's public spending reached RO 8,914 million by the end of the third quarter of 2025, marking a 2% rise from the RO 8,722 million recorded during the same period in 2024. This increase in spending is primarily attributed to a rise in development expenditure, which grew by RO 263 million, amounting to a 31% increase compared to the previous year.

According to Oman News Agency, net gas revenue fell to RO 1,296 million by the end of Q3 2025, showing a 4% decline from the RO 1,345 million recorded during the same quarter of 2024. This decrease is attributed to the Integrated Gas Company's revenue collection methodology. On the other hand, current revenue saw a 2% rise, totalling RO 2,449 million, an increase of RO 50 million from the same period in 2024.

Current expenditure was reported at RO 6,227 million by the end of Q3 2025, reflecting a 1% decrease from the previous year's RO 6,152 million. Development expenditure for ministries and government units reached RO 1,103 million, surpassing the allocated spending ceiling by 23% against a development budget of RO 900 million for 2025, driven by the accelerated execution of ongoing development projects.

Contribution and other expenses totaled RO 1,583 million, a 9% decrease from RO 1,731 million in 2024. Subsidy allocations included RO 378 million for the electricity sector, RO 424 million for the social protection system, and RO 55 million for oil products. Additionally, RO 300 million was allocated to the future debt obligations budget item.

Spending on social sectors and basic services reached RO 3,817 million, distributed as follows: 37% to the education sector, 26% each to the health sector and security and social welfare, and 11% to the housing sector. The Ministry of Finance settled over RO 1,225 million in dues to the private sector by the end of Q3 2025, ensuring settlements within five working days.

Public debt stood at RO 14.7 billion by the end of Q3 2025, up from RO 14.4 billion at the same time in 2024. This increase is largely due to refinancing domestic debt instruments, proactive management of obligations due in Q4 2025, leveraging improved debt market conditions, and continued efforts to develop the domestic debt market through the issuance of sovereign sukuk and local development bonds.