Muscat: Total public spending in the State’s General Budget for the fiscal year 2026 is estimated at RO 11.977 billion, reflecting the government’s continued commitment to sustaining public services, supporting economic stability and advancing development priorities.
According to budget figures, total current expenditure is projected at RO 8.771 billion. Of this, RO 3.16 billion has been allocated for defence and security expenditure, while spending by ministries and government units amounts to RO 4.7 billion. Public debt service is estimated at RO 911 million.
Total development expenditure for 2026 is set at RO 1.3 billion, with RO 900 million earmarked for civil ministries and government units, and RO 400 million allocated to economic transformation projects aimed at supporting diversification and long-term growth.
Contributions and other expenses account for RO 1.906 billion, representing 16 per cent of total public spending. Allocations under this category include RO 614 million for the Social Protection System, RO 509 million for electricity sector subsidies, and RO 300 million set aside for future debt obligations.
Additional allocations include RO 170 million for water and sewage sector subsidies, RO 82 million for transport sector subsidies, RO 75 million to support development and housing loan interest subsidies, and RO 71 million for waste sector subsidies. Oil products subsidies amount to RO 35 million, while RO 35 million has been allocated for contributions to domestic, regional and international institutions. Food items subsidies stand at RO 15 million.
The 2026 budget framework reflects a balanced approach between maintaining fiscal discipline, meeting social obligations and supporting economic transformation in line with Oman Vision 2040.
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