Muscat – The meeting focused on discussing observations from business owners regarding the implementation of the Wage Protection System and the associated fines.

The Committee indicated that it is working closely with relevant authorities to assess the impact of the Wage Protection System on private sector businesses. Its goal is to identify practical solutions that balance the interests of all stakeholders while promoting economic growth, sustainability, and job creation.

During the meeting, the Committee reaffirmed its commitment to continuously monitor the challenges faced by business owners through various channels. It emphasised its ongoing partnership with government institutions to improve the business environment and shape policies that align with Oman Vision 2040.

The meeting also covered topics aimed at enhancing the work environment and developing the labour market in line with national goals. The Committee reviewed its achievements from the previous year, addressing challenges and the solutions implemented.

The Committee also followed up on initiatives to update labour legislation and ensure a fair balance between employers and employees.

His Excellency Mohammed Hassan Al Ansi highlighted the importance of collaborative efforts between various entities to create a balanced and sustainable work environment. He commended the Labour Market Committee’s role in addressing challenges and crafting practical solutions that are aligned with global economic trends.