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Asharq Al-Awsat
Asharq Al-Awsat
Business
Muscat – Asharq Al-Awsat

Oman Plans to Prepay $1.33 Bn Loans

Oman Sultanate
Oman continues to manage and reduce the public debt portfolio (Oman News Agency)

Oman's public revenues increased 49.9 percent by the end of May 2022, compared to the same period in 2021, to reach $13.8 billion compared to $9.2 billion in May last year.

Oman is planning to pay off $1.33 billion of financing this month ahead of its due date, the first of its kind in the region.

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