Oman's 11th Five-Year Development Plan committee advances key strategic initiatives

Muscat: The supervisory committee for Oman's 11th Five-Year Development Plan (2026-2030) convened its fourth meeting this year at the Ministry of Economy headquarters under the leadership of Dr. Said bin Mohammed Al Saqri, Minister of Economy. The session brought together committee members to review progress on the second executive plan implementing Oman Vision 2040.

Committee members examined implementation progress and completed work phases, with particular focus on the development status of the Plan's main framework document. The meeting featured a comprehensive presentation by Dr. Nasser bin Rashid Al Maawali, Undersecretary of the Ministry of Economy and Deputy Head of the committee, outlining the forthcoming Five-Year Plan's strategic programs and overarching structure aligned with Oman Vision 2040's core pillars and priorities.

He emphasized the critical need to establish clear connections between the Plan's strategic programs and the annual projects and initiatives developed by relevant institutions. He stressed that well-defined performance indicators coupled with robust monitoring and evaluation mechanisms are essential for ensuring effective implementation and achieving targeted outcomes.

In his address, the Minister of Economy highlighted the importance of finalizing the review process for proposed strategic programs. He urged continued dedication to strengthening coordination mechanisms and expanding participation across government entities, private sector representatives, and civil society organizations. This collaborative approach aims to develop a comprehensive development framework that supports Oman's ongoing development journey while addressing the evolving requirements of the next implementation phase of Oman Vision 2040.