Oman’s Tenth Five-Year Plan Published: Ministry of Economy
January 04, 2021
Oman’s Ministry of Economy has issued details on the country’s tenth five-year plan 2021-2026, with this plan also expected to be the base budget for the National Vision 2040. The five-year plan has given prominence to certain sectors within Oman’s economy, such as Education and Transport whilst sectors such as Tourism have seen less focus.
Oman’s education segment is witnessing a paradigm shift in terms of the methodologies behind the types of education offered. The higher education segment is also seeing positive changes with regards to scholarships, admissions, as well as job-potential courses available for students.
The country’s Transport and Logistics sector is targeted to reach 6.4% of gross domestic product (GDP), given Oman’...