Economy
His Majesty Issues Directives For Projects Worth RO650 Million
Muscat: His Majesty Sultan Haitham Bin Tarik issued royal orders to implement development projects in addition to the approved projects, with a value of OMR650 million, and to increase the financial liquidity of the development budget allocations for this year by an amount of OMR 200 million.
His Majesty directed the implementation of development projects in addition to the projects approved in the Tenth Five-Year Plan (2021-2025), estimated at more than OMR 650 million to be implemented during the remaining years of the current five-year plan in various development sectors.
In addition, he directed increasing the financial liquidity for the development budget allocations for this year by OMR 200 million , bringing the total amounts allocated for disbursement to OMR 1.1 Billion.
These royal directives come within the framework of His Majesty’s high interest in promoting economic growth, continuing the provision of services, completing infrastructure, supporting private sector activities, and providing more job opportunities for citizens.
-
Alamaliktistaad Magazines2 months ago
Al-iktisaad, November 24
-
OER Magazines1 month ago
OER Magazine: December 2024 Edition – The Most Trusted Brands in Oman
-
Energy2 months ago
Oman and Belgium Strengthen Green Hydrogen Partnership with New Landmark Agreement
-
Energy2 months ago
OUTLOOK: Emerging Markets and Renewables – The Twin Engines of Energy Growth for 2025
-
Technology1 month ago
EXCLUSIVE: Technological Singularity – Will It Become Humanity’s Greatest Leap or Its Most Perilous Step?
-
Magazines2 months ago
OER Magazine: November 2024 Edition
-
Oman2 months ago
Oman Braces for Launch of First Experimental Rocket Duqm-1 on 4 December 2024
-
Oman2 months ago
Transport Ministry Issues New Regulation for Security of Ships, Ports