![A man walks on the corniche near Mina as Sultan Qaboos Muscat in the Mutrah district in Muscat, the capital of the Sultanate of Oman on Wednesday, Oct. 12, 2011. (Silvia Razgova/The National)](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/MMWTXCBAYSDQBNZB7C5MTD6YKA.jpg?smart=true&auth=85075dc8b49baa3dd4c882b31b1d15c194998925b5ee61ccbfc6c9a3a3ba6431&width=400&height=225)
Higher oil prices in 2021, along with fiscal reforms, have helped Oman narrow its government deficits. Silvia Razgova/The National
Higher oil prices in 2021, along with fiscal reforms, have helped Oman narrow its government deficits. Silvia Razgova/The National
Oman to use oil windfall to reduce public debt, Sultan Haitham says
The sultanate will ensure inflation remains under control as oil prices continue to surge