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Message: Oman to go ahead with projects in current 5 tear plan

Oman to go ahead with projects in current 5 tear plan

posted on Dec 25, 2009 08:42PM
Head news
No plans to postpone projects to next development plan: Macki
By Mohammed al Shizawi
MUSCAT —
Ahmed bin Abdulnabi Macki, Minister of National Economy and Deputy Chairman of the Financial Affairs and Energy Resources Council, has said that the government will not postpone any of the development projects scheduled in the current Five Year Plan. Macki told Oman, Arabic sister daily of the Observer, that despite the exceptional conditions entailed by the global financial crisis and the slump in oil prices, there are no plans to postpone scheduled projects in the current plan, which ends next year, to the 8th Five Year Plan.

In an exclusive interview published in today’s Oman Business Supplement, Macki confirmed that the government sticks to the goals of the Oman Economic Vision 2020. He pointed out that the Sultanate made steady progress in its economic diversification policies, with work in full swing now in many development projects.

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