Reviewing Economic And Fiscal Policies

His Majesty Sultan Haitham bin Tariq Al Said presided over a vital Cabinet meeting today. The session took place at Al Hosn Palace in Salalah. His Majesty began by praising God for the peace and security bestowed upon Oman. The Council reviewed the expected preliminary results of the 2026 national budget. His Majesty stressed the importance of strengthening state fiscal policies. He directed officials to increase the economy's ability to adapt to external fluctuations. This ensures the country remains protected from unforeseen global economic changes.

Boosting Non-Oil Trade And Health Infrastructure

The Cabinet focused heavily on enhancing the non-oil trade balance. His Majesty directed the preparation of a comprehensive long-term economic plan. This plan will utilize local raw materials and increase domestic production. The government will implement this strategy at the beginning of 2027. The Council also reviewed several major healthcare projects completed recently. His Majesty praised the dedication of all health sector workers. He endorsed a proposal to establish specialized medical industrial clusters in free zones. This move enhances national pharmaceutical security and localizes biomedical industries.

Enhancing Government Performance And Regional Diplomacy

The Council evaluated the recent performance of various government institutions. His Majesty commended the civil units that improved their planning and coordination. The Cabinet approved a new national program to attract local and foreign investments. They also discussed the upcoming municipal council elections scheduled for December. His Majesty reviewed the successful Dhofar Khareef season, praising local organizational efforts. Finally, the Council reaffirmed Oman's steadfast position of constructive regional neutrality. His Majesty directed officials to maximize benefits from recent international diplomatic agreements.