MUSCAT : Chaired by His Excellency Sheikh Abdulmalik bin Abdullah Al-Khalili, Chairman of the State Council, the meeting brought together honorable members of the Council’s Bureau and His Excellency the Secretary-General of the Council to discuss the findings of a study submitted by a specially formed committee focused on income diversification.
The study provided a comprehensive overview of the current state of the Omani economy, analyzing existing sources of national income and highlighting the importance of economic diversity for long-term financial sustainability. It also examined global models and international best practices for overcoming income dependency challenges and laid out actionable recommendations for expanding revenue streams across various sectors.
In addition to economic matters, the meeting included a review of a report submitted by the Social and Cultural Committee, which detailed discussions with officials from the Social Protection Fund on the implementation mechanism for Oman’s new social protection system.
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The Council’s office also examined reports from members who recently participated in regional and international forums, as well as an overview of the Council’s recent activities and the progress made in implementing prior decisions.
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