7 Hrs
Source:
الوطن
Oman Panel Weighs Growth
Deputy Prime Minister for Economic Affairs, His Highness Sayyid Theyazin bin Haitham Al Said, chaired a meeting of the Cabinet’s Financial and Economic Committee in Muscat to discuss strengthening economic growth and fiscal sustainability. The meeting reviewed the development of a long-term plan to improve the trade balance and increase non-oil revenues. It also considered incentives and facilities for specialized industrial clusters in the pharmaceutical and medical-device industries in economic and free zones. Sayyid Theyazin emphasized supporting non-oil sectors and local content, improving the business environment, and accelerating the implementation of government initiatives and monitoring their results in support of economic diversification and the objectives of Oman Vision 2040.
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