MUSCAT: Oman’s public revenue has increased until the end of 2021 by 28.71 per cent compared to the revenues of 2020, the country’s Minister of Economy said on Sunday.
Addressing the Majlis Al Shura, His Excellency Dr. Said Al Saqri said the increase in public revenues is due to the rise in oil prices. The Minister also informed that the GDP grew by 12.7%, in 2021, while the oil-sector related activities grew by 26.5%, and the manufacturing sector grew by 25.8%. “The National Centre for Statistics and Information indicates an improvement in the performance of all sectors without exception,” Al Saqri noted.
“I am often asked who is responsible for the economy? Yes, it is the government but every one of us plays an important role in the economy too,” he said.
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The Minister also informed that over 68,000 Omani citizens were employed in both the public and private sector. “19,097 were in the public sector while 49,276 were employed in the private sector. 13,620 people were appointed for the first time,” he said.
Al Saqri said OMR 54 million has been allocated to be invested in food security projects. “An amount of OMR 800,000 has been allocated to support small and medium enterprises that serve the operations of Mazoon Dairy Company,” the Minister added.
