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Priority is to expand the volume of our national economy, says His Majesty Sultan Haitham

Local investment constitutes one of the basic pillars of diversification of the national income, says His Majesty in his address to the nation.

TAS News Service

info@thearabianstories.com

Wednesday, January 12, 2022

MUSCAT: His Majesty Sultan Haitham Bin Tarik said he is looking seeing Oman a leading investment destination in the coming years. 

“We have lucrative investment opportunities at hand in all fields, and we look forward to seeing our country a destination for pioneering investments, notably in spheres that consolidate our approach to expand the volume of the national economy and diversify the sources of income,” His Majesty said while addressing the nation on the occasion of the second anniversary of his accession to the throne. 

His Majesty also said during the next phase “we will take action to transform government performance from the level of emergency solutions to a more sustainable level having a set of lasting and comprehensive solutions that place economic growth, fiscal sustainability and social welfare at the forefront of its priorities.”

He also said the Omani youth are at the forefront of the government’s concerns. “We have followed up the efforts made to engage youth in the nation-building process. We will ensure that this partnership is more comprehensive and more effective,” His Majesty added. 

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