Friday 19 / April / 2024
Muscat: Eng. Ridha Juma Al Saleh, Chairman of Oman Chamber of Commerce and Industry (OCCI) has valued the royal blessings of His Majesty Sultan Haitham Bin Tarik to the economic stimulus plan (ESP) that targets supporting the efforts to alleviate impacts of COVID-19 on the national economy.
In a statement to Oman News Agency (ONA), Eng. Ridha affirmed that ESP included many incentives and initiatives to achieve interest of the private sector, enhance economy and encourage foreign investment.
He also praised the ESP incentives pertaining to reducing both taxes and fees, improving business and investment environment, supporting small and medium enterprises, activating labour market and employment, as well as monetary and banking procedures.
The OCCI Chairman also valued the approval made by the Council of Ministers to the National Urban Development Strategy (NUDS), which, he said, would undoubtedly stimulate remarkable economic growth and prosperity.
