The Economic and Financial Committee of the Shura Council held a meeting on Tuesday with the Excellencies members of the heads of the Council’s standing committees and committee members. The meeting discussed the draft eleventh Five-Year Development Plan (2026–2030), reviewing its key features and various programs, particularly those related to the economy, development, health, and education sectors. The discussions also covered the development projects included in the plan and the potential employment and job creation opportunities it could generate.

During the meeting, members emphasized the importance of evaluating the Tenth Five-Year Plan by analyzing its implementation indicators, major achievements, and the outcomes of its policies, programs, projects, and activities, as well as identifying the challenges faced. This assessment will help define the main features and priorities of the Eleventh Five-Year Plan. The Committee will work within a set timeframe to study the draft plan in collaboration with other Council committees.
The meeting also discussed the draft State General Budget for the fiscal year 2026, referred to the Council by the government. The Committee reviewed the contents of the draft budget and examined aspects related to strengthening and diversifying the national economy and enhancing its competitiveness, in line with the objectives of Oman Vision 2040.