{"id":7682,"date":"2025-12-31T16:43:00","date_gmt":"2025-12-31T12:43:00","guid":{"rendered":"https:\/\/omanet.om\/en\/news\/economy\/oman-eleventh-five-year-plan-development\/"},"modified":"2026-01-01T19:08:22","modified_gmt":"2026-01-01T15:08:22","slug":"oman-eleventh-five-year-plan-development","status":"publish","type":"post","link":"https:\/\/omanet.om\/en\/news\/economy\/oman-eleventh-five-year-plan-development\/","title":{"rendered":"Oman&#8217;s Eleventh Five-Year Plan: What Investors and Business Owners Need to Know for Future Growth Opportunities"},"content":{"rendered":"<style>\r\n@keyframes hitv3sog-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitv3sog-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes hitv3sog-glow{0%,100%{opacity:0.6}50%{opacity:1}}\r\n@keyframes hitv3sog-badge{from{opacity:0;transform:scale(0.8)}to{opacity:1;transform:scale(1)}}\r\n<\/style><style>\r\n.hitv3sogw{container-type:inline-size;width:100%;max-width:970px;margin:0 auto;box-sizing:border-box}\r\n.hitv3soga{display:flex;flex-direction:row;align-items:center;justify-content:space-between;width:100%;box-sizing:border-box;text-decoration:none;color:#fff;font-family:-apple-system,BlinkMacSystemFont,'Segoe UI',Roboto,system-ui,sans-serif;position:relative;overflow:hidden;cursor:pointer;background:linear-gradient(135deg,#111118 0%,#080808 100%);border:1.5px solid rgba(255,255,255,0.08);border-radius:14px;gap:20px;padding:20px 40px;transition:border-color .2s}\r\n.hitv3soga:hover{border-color:#dc262688}\r\n.hitv3sogg1{position:absolute;inset:0;background:radial-gradient(ellipse at 50% 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitv3sog-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OMAN OFFER<\/span><\/div>\r\n    <div class=\"hitv3sogh\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.15s;\">Websites For <span style=\"color:#dc2626;\">Omani Businesses.<\/span><\/div>\r\n    <div class=\"hitv3sogs\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.3s;\">Empower your brand with custom digital solutions designed for high conversion and market dominance.<\/div>\r\n    <div class=\"hitv3sogbl\"><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Responsive designs built for growth<\/span><\/div><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Fast loading with smart automation<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitv3sogct\">\r\n    <button class=\"hitv3sogbtn\" style=\"animation:hitv3sog-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Build Your Free Website <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitv3sogbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div>\n<p>MUSCAT, DEC 31 \u2014 The Omani Economic Association convened its 29th Economic Council on Tuesday, December 30, 2025, at Madinat Al Irfan, Muscat. The event centered on the theme \u201cOman\u2019s Economic Performance 2020\u20132025\u201d and featured Dr. Said bin Mohammed al Saqri, Minister of Economy, as the keynote speaker.<\/p>\n<p>Dr. Al Saqri delivered a comprehensive presentation addressing three main pillars: the global economic outlook and trends, Oman\u2019s national economic performance, and the Eleventh Five-Year Development Plan (2026\u20132030).<\/p>\n<p>He highlighted that the global economy is entering a phase of slower growth, with projections estimating rates between 3.1% and 3.8% by 2026. This subdued growth is influenced by escalating geopolitical tensions, tighter trade policies, and global debt levels nearing 324% of GDP. Furthermore, there is a notable shift in economic power as emerging markets strengthen while several advanced economies experience declining momentum. Climate change remains a significant factor, disrupting supply chains and increasing production costs.  <\/p>\n<p>In contrast, Oman has maintained inflation at a low 0.76% from January to August 2025, demonstrating the resilience of national policies in navigating an increasingly uncertain global landscape.<\/p>\n<p>Regarding national metrics, Dr. Al Saqri reported that Oman\u2019s public debt reached RO 14.1 billion in the first half of 2025. The targeted average annual economic growth rate for 2021\u20132024 was around 5.0%. Non-oil sectors contributed 73% of Oman\u2019s GDP at constant prices in 2024, underscoring ongoing strides in economic diversification. According to the International Monetary Fund (IMF), Oman\u2019s economy is projected to grow by 4% in 2026, improving on 2.9% in 2025, while the Ministry of Economy forecasts a more conservative increase from 2.2% in 2025 to 2.6% in 2026, reflecting steady economic momentum supported by national development strategies.<\/p>\n<p>Dr. Al Saqri outlined that the Eleventh Five-Year Development Plan aims to deliver tangible developmental outcomes and ensure broad community involvement during its formulation. The plan seeks to integrate government institution activities and align medium-term objectives (2026\u20132030) with Oman Vision 2040 through a series of targeted programmes with clearly defined goals.<\/p>\n<p>He emphasized the adoption of economic modelling and results-based planning, consistent with Oman\u2019s transition toward a performance- and programme-based budgeting system. This framework allows for effective tracking of progress, outcome measurement, and impact assessment using intelligent performance indicators.<\/p>\n<p>Additionally, the Minister noted that the plan accounts for evolving global and regional dynamics by incorporating scenario planning. This approach facilitates anticipation of various future scenarios, enabling proactive responses by identifying key change drivers, monitoring early indicators of emerging trends, and developing risk management strategies to address potential challenges.<\/p>\n<p><style>\r\n@keyframes hitl8gak-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitl8gak-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes hitl8gak-glow{0%,100%{opacity:0.6}50%{opacity:1}}\r\n@keyframes hitl8gak-badge{from{opacity:0;transform:scale(0.8)}to{opacity:1;transform:scale(1)}}\r\n<\/style><style>\r\n.hitl8gakw{container-type:inline-size;width:100%;max-width:970px;margin:0 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitl8gak-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OFFER<\/span><\/div>\r\n    <div class=\"hitl8gakh\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.15s;\">Your Website <span style=\"color:#dc2626;\">Should Sell.<\/span><\/div>\r\n    <div class=\"hitl8gaks\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.3s;\">Custom-built websites with smart automation & AI-powered features.<\/div>\r\n    <div class=\"hitl8gakbl\"><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>SEO-optimized & lightning fast<\/span><\/div><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Smart features built for your business<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitl8gakct\">\r\n    <button class=\"hitl8gakbtn\" style=\"animation:hitl8gak-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Get Free Consultation <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitl8gakbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div><br \/>\n<\/p>\n<p>Special Analysis by Omanet | Navigate Oman&#8217;s Market<\/p>\n<p>Oman\u2019s steady inflation control and growing non-oil sector signal <strong>robust economic resilience and diversification<\/strong>, positioning the country well amid global uncertainties and slower growth. The Eleventh Five-Year Development Plan&#8217;s focus on <strong>performance-based budgeting and scenario planning<\/strong> offers a strategic advantage for businesses to align with national goals and mitigate emerging risks. Smart investors should prioritize sectors linked to Vision 2040 and leverage government-supported programmes to capitalize on Oman\u2019s forward-looking development trajectory.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Omani Economic Association held the 29th Economic Council in Muscat on Dec 30, 2025, with Dr Said al Saqri highlighting Oman\u2019s economic performance (2020-2025). The Eleventh Five-Year Plan (2026-2030) aims for diversified growth amid a slowing global economy.<\/p>\n","protected":false},"author":129,"featured_media":7650,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[482],"tags":[3300,3301,291],"class_list":["post-7682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-economic-council-2025","tag-five-year-development-plan","tag-oman-economy"],"jetpack_featured_media_url":"https:\/\/omanet.om\/wp-content\/uploads\/2025\/12\/3242380.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/7682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/users\/129"}],"replies":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/comments?post=7682"}],"version-history":[{"count":1,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/7682\/revisions"}],"predecessor-version":[{"id":7683,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/7682\/revisions\/7683"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media\/7650"}],"wp:attachment":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media?parent=7682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/categories?post=7682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/tags?post=7682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}