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Oman
Participates in 10th Arab Public Finance Forum, World Governments Summit in
Dubai
Dubai,
2 Feb 2026 (ONA) — The Sultanate of Oman, represented by the Ministry of
Finance, participated today in the 10th Arab Public Finance Forum and the World
Governments Summit, held in Dubai, the United Arab Emirates.
The
forum discussed several key themes, including Arab economic prospects, ways to
enhance fiscal resilience against economic shocks, restructuring spending
policies, boosting development financing, digital transformation, and the
applications of artificial intelligence in public finance.
During
a panel discussion titled “Restructuring Spending Policies and Enhancing
Development Finance,” Mahmoud Abdullah Al Aouini, Secretary General of the
Ministry of Finance, highlighted Oman’s experience in developing the
methodology for preparing the state general budget and strengthening
medium-term fiscal planning.
He
explained how these efforts contribute to improving public spending efficiency
and enhancing fiscal stability, in addition to bolstering the capacity to
manage economic variables while maintaining the quality and continuity of basic
services and supporting national socio-economic development goals.
The
Secretary General of the Ministry of Finance is also scheduled to participate
in a closed discussion session titled “Artificial Intelligence and
National Readiness” as part of the activities of the World Governments
Summit, which is set to open tomorrow.
This
forum is held annually in cooperation with the Arab Monetary Fund and the
International Monetary Fund to examine mechanisms for financing sustainable
development and the role of regional and international financial institutions
in supporting Arab countries to achieve their economic objectives.
The
forum also discusses the opportunities and challenges associated with adopting
modern financial technologies to accelerate digital transformation within the
financial sector.
—Ends/AG