Oman Participates in Meeting of Arab Finance Undersecretaries in Abu Dhabi

Abu Dhabi, 22 Jan 2026 (ONA) — The Sultanate of Oman participated in the eleventh meeting of the Undersecretaries of Arab Ministries of Finance, held in Abu Dhabi, United Arab Emirates, in the presence of representatives from the International Monetary Fund, the World Bank, and the Organization for Economic Cooperation and Development.

The meeting discussed several topics related to the role of fiscal policies, the prospects and opportunities for leveraging artificial intelligence in developing public fiscal policies, and exploring opportunities for sustainable financing to achieve sustainable infrastructure.

The meeting also addressed the latest developments in implementing tax decisions in Arab countries, and the efforts of Arab governments in stabilizing fiscal positions and ensuring public debt sustainability.

Meanwhile, the Ministry of Finance presented the Sultanate of Oman’s experience in stabilizing fiscal positions and ensuring public debt sustainability. It outlined the efforts undertaken to improve public debt management and the key results achieved, including increased non-oil revenues, reduced public debt levels, an improved credit rating, and the restoration of investment-grade status.

This meeting was held within the context of preparations for the seventeenth ordinary session of the Council of Arab Finance Ministers.

— Ends/AH