Ministry of Finance to unveil integrated action plan

Muscat: The National Fiscal Sustainability and Financial Sector Development Programme, supervised by the Ministry of Finance, will unveil on Monday in a press meeting an integrated action plan, the strategic pillars and initiatives of the parties supporting the implementation of the plan.

The programme seeks to implement the initiatives of fiscal sustainability for improvement of the financial indicators of the general budget of the state.

It aims to make the financial sector the key enabler for achievement of Oman Vision 2040 targets, through upgrading the competitiveness rate and provision of finance options that fit the various categories and expanding the financial market.

The plan for development of the financial sector in cooperation with other related parties has been approved.

The plan included initiatives and actions aimed to empower the financial sector to achieve the economic and investment targets of Oman Vision 2040.