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State Council discusses diversification of sources of income, fiscal sustainability challenges
State Council discusses diversification of sources of income, fiscal sustainability challenges

Times of Oman

time24-06-2025

  • Business
  • Times of Oman

State Council discusses diversification of sources of income, fiscal sustainability challenges

Muscat: The State Council Office on Tuesday held its 6th meeting of the 2nd regular sitting during the eighth term. The meeting was chaired by Sheikh Abdulmalik bin Abdullah Al Khalili, Chairman of the State Council. The State Council Office hosted members of the special committee formed to study "Mechanism for diversifying sources of income in the Sultanate of Oman." The committee was entrusted with identifying the challenges posed to financial sustainability and diversification of sources of income, with the aim of finding solutions and achieving the desired progress in income diversification and financial sustainability. The committee was also tasked to submit proposals to support the stability of public finance in the 11th Five-Year Plan, including legislation and governance.

State Council reviews study on diversifying Oman's sources of income
State Council reviews study on diversifying Oman's sources of income

Zawya

time04-06-2025

  • Business
  • Zawya

State Council reviews study on diversifying Oman's sources of income

Muscat – The State Council discussed a study titled ' Mechanism for Diversifying Sources of Income in the Sultanate of Oman' during its fifth meeting on Monday. The meeting was chaired by H E Sheikh Abdulmalik bin Abdullah al Khalili, Chairman of the State Council. The study reviewed the current state of the Omani economy and existing sources of national income. It also outlined international experiences in tackling challenges related to income diversification and financial sustainability. Concluding the discussion, the study stressed the importance of exploring future opportunities and provided recommendations for diversifying income sources across various economic sectors. The Council also reviewed a report by the Social and Cultural Committee regarding its meeting with officials from the Social Protection Fund to discuss mechanisms for implementing the social protection system. Additionally, the Council's bureau reviewed reports submitted by members following their participation in regional and international forums, along with updates on ongoing progress reports © Apex Press and Publishing Provided by SyndiGate Media Inc. (

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