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Oman marching ahead with development plans, says His Majesty Sultan Haitham

As part of encouraging entrepreneurship, His Majesty directed authorities to finance SMEs.

TAS News Service

info@thearabianstories.com

Monday, January 10, 2022

 

MUSCAT: His Majesty Sultan Haitham Bin Tarik said the country is marching ahead with its development plans in all fields despite the challenges due to the ongoing pandemic. 

Addressing the sheikhs of South Al Sharqiyah at Hisn A’Shumook castle in the Wilayat of Manah, His Majesty reviewed a set of topic of concern to the domestic front. “Oman is pressing ahead with its development plans and programmes in all fields, despite the challenges, with the prime objectives of realizing sustainable growth and furnishing a prosperous present and future for all people, wherever they might be on this benign land.”

His Majesty the Sultan observed that the governorates and municipal councils should perform their national roles as precisely as they are expected to do. He instructed the institutions to double their efforts to elevate the status of the local community.

As part of his attention to boost the potential of entrepreneurs and SMEs owners, to provide employment opportunities in all governorates and, to encourage entrepreneurship, His Majesty the Sultan issued his Royal directives to the departments concerned (Ministry of finance, Authority for Small and Medium Enterprises Development and Oman Development Bank) to fund the respective programmes. He noted that the government will offer the incentives necessary for ensuring the success of those initiatives.

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