Finance Ministry pays a sum of OMR 325 million due for private sector

The Ministry of Finance announced that it has paid more than OMR 325 million due for the private sector in accordance with payment vouchers received through the e-financial system with a completed documentary cycle. The Ministry’s Fiscal Performance Bulletin pointed out that public revenue at the end of the first quarter of 2023 amounted to OMR 3,217 million, up by 6 percent compared to OMR 3,025 million registered over the corresponding period in 2022. This is mainly attributed to an increase in oil revenue and current revenue, representing 53 percent and 25 percent, respectively, of the total public revenue.