Muscat: The announcement was made during the Governorate Economics Forum.

The index, a strategic initiative aligned with Oman Vision 2040, is designed to guide investments and set development priorities. It aims to ensure the success of the national economic goals and maximize the economic and social impact of development projects across the country.

His Excellency Dr. Nasser bin Rashid Al Maawali, Undersecretary of the Ministry of Economy, highlighted that the index will provide a comprehensive assessment of each governorate’s performance, identifying development gaps and aiding in informed decision-making.

The index is grounded on the pillars of economy, development, people, society, governance, environment, and performance evaluation, reflecting the broad objectives of Oman Vision 2040.

The Ministry of Economy, responsible for the index, will compile data from various bodies to provide a unified indicator of development performance. This will offer governors and the government detailed insights into each governorate’s progress.

The index will evaluate development using standards and indicators across economic, social, infrastructure, education, and health sectors.

His Excellency stated that the index’s implementation will begin this year, with relevant authorities joining at a later stage. Additionally, there will be collaboration with the United Nations Economic and Social Commission for Western Asia (ESCWA) to integrate data between ESCWA and the national index.

This initiative is expected to enhance the competitiveness of Oman’s governorates, fostering sustainable development and helping achieve the ambitious targets of Oman Vision 2040.