Monday 02 / February / 2026
Dubai: The Sultanate of Oman, represented by the Ministry of Finance, participated on Monday 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.
