MUSCAT: Oman’s Ministry of Labour has confirmed that the wage support initiative will now be implemented on an annual basis, reflecting a major step toward stabilizing the domestic labour market. The expanded funding, which has doubled to RO 100 million under His Majesty Sultan Haitham bin Tarik’s directive, aims to create or sustain over 25,000 jobs for Omani citizens each year. This approach ensures that the private sector receives consistent support to hire and retain local talent, promoting both employment security and economic growth across multiple industries.
His Excellency Dr. Mahad bin Said Ba’owain, Minister of Labour, emphasized that the programme aligns with the Sultan’s vision of a competitive and empowered workforce. By providing sustained financial backing, the initiative encourages private companies to prioritize local hires while enhancing workforce quality. Dr. Ba’owain noted that this long-term commitment signals a strategic effort to strengthen Oman’s human capital and promote the country’s ongoing development in a competitive global environment.
The initiative also addresses the balance between employer requirements and employee stability, ensuring that Omani citizens can pursue meaningful careers without undue uncertainty. By guaranteeing job creation and retention, the programme not only supports individuals and families but also reinforces the labour market’s overall resilience. Employers benefit from structured assistance, enabling them to expand operations and invest in workforce training and development with confidence in long-term outcomes.
Analysts suggest that the wage support programme could have wider economic benefits, particularly by encouraging private sector growth and diversifying income opportunities beyond the public sector. With consistent funding and clear objectives, the initiative is expected to enhance workforce participation and reduce unemployment rates among Omani citizens. It also complements broader national strategies aimed at economic diversification, social stability, and the empowerment of citizens in alignment with Oman Vision 2040.
Looking ahead, the Ministry of Labour plans to monitor the initiative’s impact closely, making adjustments to optimize outcomes for both employees and employers. By focusing on sustainable job creation and long-term workforce development, Oman is positioning itself to maintain a competitive, skilled, and stable labour market. The programme reflects a comprehensive vision where economic growth, private sector dynamism, and citizen empowerment work in tandem to drive national prosperity.
