Economy
PASI Board Approves Current, Investment Budget 2022

Muscat: The Board of Directors of the Public Authority for Social Insurance (PASI) today held its 4th meeting of 2021 under the chairmanship of Dr Mahad Said Ba’Owain, Minister of Labour, Chairman of the PASI Board.
The meeting discussed PASI’s institutional performance indicators for 2021 linked to the Authority’s 2040 vision, as well as its investment performance indicators. It also approved the investment budget of PASI for 2022.
The board also looked into statistical and financial indicators associated with job security. It comprised the number of beneficiaries and their distribution in accordance with the service termination types.
The board approved a number of investment opportunities figuring in the second phase of execution of the PASI plan of the year. It also studied audit and financial reports about the Authority’s activities, besides reports related to enhancing governance.
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