Shura Council hosts Minister of Economy

Shura Council hosts Minister of Economy

Muscat: As part of its planning to shape the features of the next five-year plan (2026-2030), the Ministry will focus on global economic changes, trends in the field of energy, and the growing interest in environmental sustainability, zero neutrality, green hydrogen, and the importance of integration with technological transformations and artificial intelligence, Minister of Economy said.

His Excellency Dr. Said Al Saqri, Minister of Economy, reviews before the Shura Council during the fifth regular session of the first annual session of the tenth term the performance of the Omani economy and the macroeconomic assessment until the middle of the tenth five-year development plan (2021-2025), and the role of the Ministry in confronting regional and international economic changes.

The Minister of Economy said :" The government has taken a number of policies and measures to recover from the effects of the Corona pandemic and improve economic performance and raise its indicators, including launching economic stimulus packages, tax exemptions, low-interest financing, direct financial support for some affected institutions, and providing soft loans for projects."

" During the elapsed period of the Tenth Five-Year Development Plan 2021-2023, the Omani economy witnessed rapid positive developments, including achieving growth in real prices during the first two years of