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The first-quarter report on Oman Vision 2040 reviewed the results of five years of implementation amid challenges including the COVID-19 pandemic and fluctuations in oil prices. It noted that the Sultanate had met its 2030 targets for 10 indicators, including economic freedom, and that its universities had risen to 306th in the 2027 QS rankings, from 379th in 2020. The report identified six major transformations between 2020 and 2025: in legislation; capacity development and quality of life; the economic model; the knowledge economy; the roles of government, the private sector and civil society; and decentralization. Achievements included expanding education and healthcare, updating legislation, and strengthening investment, production and digital infrastructure. For 2026–2030, the report set out five priorities: turning renewable energy and digital connectivity into exportable computing capacity; increasing the local value added of minerals and hydrogen; developing the ability to price climate risks; raising labor-market productivity before automation expands; and strengthening fiscal sustainability and readiness for the digital economy.
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