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FX.co ★ Oman’s Budget Deficit Widens Threefold in May 2026

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typeContent_19130:::2026-08-20T09:30:00

Oman’s Budget Deficit Widens Threefold in May 2026

Oman’s fiscal position deteriorated in May 2026, with the budget balance slipping further into deficit, according to the latest figures updated on 20 August 2026. The budget balance came in at -15.0 million in May, compared with -5.0 million in April 2026, marking a threefold widening of the monthly shortfall.

The shift signals mounting pressure on public finances over the course of the second quarter. While the data provided do not detail the drivers behind the deeper deficit, the move from April to May highlights a notable weakening in the balance between government revenues and expenditures during the period.

Market participants and analysts tracking Oman’s fiscal trajectory will be watching upcoming releases closely to assess whether May’s performance represents a temporary setback or the start of a more sustained trend in budgetary strain.

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