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Oman launched its 2026–2030 development plan, boosting social spending and job creation amid strong non-oil growth and low inflation.
On the sixth anniversary of Sultan Haitham bin Tariq’s reign, Oman launched its Eleventh Five-Year Development Plan (2026–2030), boosting social spending to OMR5.2 billion—43% of public expenditure—with major investments in education, health, housing, and employment.
The plan includes OMR 50 million for provincial development, OMR 100 million for social housing, and a job creation program targeting 60,000 positions.
Childhood benefits doubled for 73,000 students, and the job security allowance extended to one year.
Non-oil sectors drove 73.3% of GDP in Q3 2025, inflation stayed low at 0.9%, and FDI rose 12.8%.
Oman’s credit ratings improved, and digital transformation advanced, with a growing startup ecosystem and cybersecurity leadership.
Omán lanzó su plan de desarrollo 2026-2030, impulsando el gasto social y la creación de empleo en medio de un fuerte crecimiento no petrolero y una baja inflación.