Oman’s program budget and performance implementation reaches 77% completion

  • Date: 19-Feb-2024
  • Source: The Arabian Stories News
  • Sector:Financial Services
  • Country:Oman
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Oman’s program budget and performance implementation reaches 77% completion

The annual meeting organised by the Ministry of Finance to implement the program budget and performance indicated that the completion rate has reached 77 percent

The post Oman’s program budget and performance implementation reaches 77% completion appeared first on The Arabian Stories News.Muscat – According to statements made to the Oman News Agency by a Ministry official, the completion rate in implementing the program and performance budget reached 77 percent, aligning closely with the outlined project plan aimed at enhancing public financial performance.Speaking at the meeting, His Excellency the Undersecretary of the Ministry of Finance emphasized the positive cooperation between the Ministry and the various government units to complete the requirements for implementing the program and performance budget. Notably, 45 government agencies have already finalized the submission of general budget documents for their respective programs and performance.The importance of financial transparency and efficiency was further underscored during the meeting of teams from government units entrusted with implementing the program budget and performance. The Ministry took the opportunity to scrutinize its strategy for monitoring the execution of program and performance budget requisites for the year 2024. Additionally, discussions centered on the developmental aspects of the program and performance budget preparation document slated