{"id":372499,"date":"2024-08-19T17:33:20","date_gmt":"2024-08-19T20:33:20","guid":{"rendered":"https:\/\/anba.com.br\/?p=372499"},"modified":"2024-08-19T17:53:40","modified_gmt":"2024-08-19T20:53:40","slug":"omans-public-revenue-stands-at-16-billion","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/omans-public-revenue-stands-at-16-billion\/","title":{"rendered":"Oman\u2019s public revenue stands at $16 billion"},"content":{"rendered":"\n<p>S\u00e3o Paulo \u2013 At the end of the second quarter of this year, Oman\u2019s public revenue reached OMR 6.2 billion [USD 16 billion], state news agency <a href=\"https:\/\/omannews.gov.om\/\" target=\"_blank\" rel=\"noopener\">ONA <\/a>said.<\/p>\n\n\n\n<p>This was a 2% decrease compared to OMR 6.3 billion (USD 16.4 billion) registered over the same period of 2023. This reduction is mainly attributed to the decline in net gas revenue and current revenue.<\/p>\n\n\n\n<p>According to the fiscal performance bulletin issued by the Ministry of Finance, at the end of the second quarter of 2024, net oil revenue increased by 3% to ORM 3.4 billion (USD 8.7 billion). The average realized oil price amounted to USD 82 per barrel<\/p>\n\n\n\n<p>Net gas revenue amounted to OMR 943 million (USD 2.4 billion), decreasing by 15% due to the change in the methodology for collecting gas revenue.<\/p>\n\n\n\n<p>The current revenue amounted to OMR 1.9 billion (USD 4.8 billion), down by OMR 80 million (USD 207.2 million) when compared to the same period of 2023.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Oman&#8217;s spending<\/h2>\n\n\n\n<p>At the end of the second quarter of the year, the public spending amounted to OMR 5.8 billion (USD 15 billion), up 2% when compared to the same period in 2023.<\/p>\n\n\n\n<p>The bulletin mentions as the main items of public spending current, development, social protection, electricity and oil products subsidies.<\/p>\n\n\n\n<p><em>Read more:<\/em><br><a href=\"https:\/\/anba.com.br\/en\/investments-in-omans-industrial-city-reach-49-mn\/\">Investments in Oman\u2019s industrial city reach $49 mn<\/a><\/p>\n\n\n\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-372489\">\u00a9Christian Charisius\/DPA Picture-Alliance\/AFP<\/div>","protected":false},"excerpt":{"rendered":"<p>Arab country grossed OMF 6.2 billion in revenue in the second quarter of 2024, most of which, i.e., OMR 3.4 billion, coming from the oil sector.<\/p>\n","protected":false},"author":2316,"featured_media":372489,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[9888,11959,49082,2063,1964,19412,2030,11961,50609],"class_list":{"0":"post-372499","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-finance-en","9":"tag-gas-ar","10":"tag-gas-2","11":"tag-middle-east","12":"tag-oil","13":"tag-oma-en-2","14":"tag-oman","15":"tag-petroleo-ar","16":"tag-public-revenue"},"wps_subtitle":"Arab country grossed OMF 6.2 billion in revenue in the second quarter of 2024, most of which, i.e., OMR 3.4 billion, coming from the oil sector.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/372499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=372499"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/372499\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/372489"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=372499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=372499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=372499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}