Experts hail growth-oriented budget, social sector spending

Experts hail growth-oriented budget, social sector spending

Muscat: One of the most important goals of the 2024 State Budget is financial, economic and social sustainability, said Dr. Mohammed bin Humaid Al Wardi, a member of the State Council.

Elaborating further he said, “Financial sustainability will be achieved through curbing deficit and overcoming public debt, and this we have achieved. Economic sustainability is being sought through working to achieve the targets fixed for the economy.”

Regarding social sustainability, he said the budget is will continue to support the social services that the government provides to the citizens.

“We noticed that approximately OMR2 billion were allocated for the education sector itself and this does not only include the current budget spending in the education sector, but also the development projects in the budget through the setting up 15 new schools, issuing tenders for 20 new government schools, in addition to establishing the University of Technology and Applied Sciences in Musandam Governorate,” he added.

Dr Al Wardi further said: “Regarding the health projects, OMR1 billion has been allocated and this covers current expenses in addition to development expenses for the establishment of three government hospitals in Samail, Al-Namaa and Al-Falah, in addition to completing seven government hospitals and other health centres.”

With regard to the