MUSCAT: The Sultanate of Oman has issued three significant Royal Decrees aimed at enhancing governance, protecting human rights, and regulating key sectors of the national economy. The first of these decrees introduces the Law on the Collection of State Dues, which is designed to improve the mechanisms for collecting and managing government revenues. This law underscores the government’s commitment to ensuring efficient revenue collection to support public services and national development objectives.
Under the first decree, the new law strengthens accountability and streamlines processes for managing state dues. By establishing clear guidelines and enforcement measures, the law aims to reduce delays, close gaps in revenue collection, and increase transparency in public finance management. This initiative represents a critical step toward financial sustainability and aligns with broader economic reforms currently underway in Oman.
The second Royal Decree enacts the Law on Combating Human Trafficking, reflecting Oman’s determination to uphold human rights and protect vulnerable groups. This law introduces comprehensive provisions to identify, prevent, and penalize trafficking-related activities, while also providing support and protection for victims. The decree signals Oman’s commitment to international standards in combating human trafficking and its efforts to foster a safer, more just society.
The third Royal Decree establishes the Real Estate Regulation Law, which is set to bring greater oversight and structure to the property sector. By creating clear rules for development, ownership, and transactions, the law seeks to enhance investor confidence and ensure fair practices in the real estate market. This measure not only safeguards the interests of stakeholders but also supports the government’s broader strategy to diversify the economy and attract sustainable investment.
