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Royal Decree

Royal Decree 1/2021 Adopting the Tenth Five-Year Development Plan 2021-2025

2021/1 1/2021

Arabic

We, Haitham bin Tarik, the Sultan of Oman

after perusal of the Basic Statute of the State,

the Economic Development Law of the Year 1975,

and Royal Decree 94/2020 Establishing the Ministry of Economy and Determining Its Competences,

and after presentation to Majlis Oman,

and in pursuance of public interest,

have decreed as follows

Article I

The Tenth Five-Year Development Plan 2021-2025, the objectives of which are outlined in the attached annex 1, is hereby adopted.

Article II

The Tenth Five-Year Development Plan shall be implemented in accordance with its financial framework as outlined in the attached annex 2 on the basis of the fiscal balance plan issued by the Ministry of Finance.

Article III

The national economy strategic directives for the plan outlined in the attached annex 3 are hereby adopted.

Article IV

The projects of the plan shall be adopted in accordance with the plan projects general directives set out in the attached annex 4.

Article V

The Ministry of Economy shall publish details of the plan in reports for this purpose.

Article VI

All units of the administrative apparatus of the state and other public legal persons shall implement the Tenth Five-Year Development Plan, without prejudice to the provisions of the applicable laws and systems.

Article VII

The Ministry of Economy shall issue a volume for strategic programs for the plan during the first quarter of 2021, provided that the projects of the first year of the plan are identified in coordination between the Ministry of Economy and concerned bodies.

Article VIII

The Ministry of Economy shall conduct a periodic evaluation of the plan in light of local, regional, and global developments.

Article IX

This decree shall be published in the Official Gazette, and comes into force on 1 January 2021.

Issued on: 17 Jumada Al-Awwal 1442
Corresponding to: 1 January 2021 

Haitham bin Tarik
Sultan of Oman

Published in Official Gazette 1373 issued on 3 January 2021.


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