MUSCAT : “We are seeing positive economic and financial results,” His Majesty Sultan Haitham bin Tarik said as he chaired a meeting of Oman’s Council of Ministers in Muscat, expressing satisfaction with recent gains in economic performance and financial indicators, according to state media.

His Majesty the Sultan said the sultanate has achieved positive outcomes amid continued improvement in the national economy, alongside tangible progress in financial, economic and social indicators during the recent period.

He praised the efforts of government institutions and the implementation of fiscal and economic policies that have strengthened the state’s financial sustainability, helped maintain growth momentum and contributed to creating a more attractive investment environment that supports activity across multiple economic sectors.

During the meeting, His Majesty the Sultan also directed the Council of Ministers to study and assess behavioural changes within society, calling for clear, well-governed policies and mechanisms that reinforce social values and positive behaviours. He stressed the need to address the negative impacts of social media platforms on societal conduct, state media said.

In a key economic decision, the Council of Ministers approved the establishment of the Oman Global Financial Centre, which will enjoy legislative, administrative and regulatory independence. The centre will be built on a modern financial, legal and judicial framework aligned with international standards.

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