Oman Celebrates 54th National Day
Economic and Social Progress
MUSCAT, Oman, November 18 – Oman celebrated its 54th National Day on Monday, highlighting significant progress in economic, social, and developmental spheres under the leadership of His Majesty Sultan Haitham bin Tarik.
According to the Oman News Agency (ONA), the Sultanate has achieved remarkable strides, including reducing public debt from 62.3 per cent of Gross Domestic Product (GDP) in 2021 to 35 per cent by mid-2024 and maintaining consecutive budget surpluses. Public revenues reached OMR 8.106 billion by August 2024, reflecting sound fiscal management and alignment with Oman Vision 2040.
Global Standing and Sustainable Growth
After 73 years of independence, Oman’s global standing has improved, with advancements in economic, innovation, and environmental indices. Significant projects, such as the Duqm Refinery, renewable energy plants, and the launch of a social protection system, underscore the nation’s commitment to sustainable growth.
In education, Sultan Qaboos University climbed 92 places in global rankings, and investments in schools have expanded educational access. Tourism and industrial sectors also reported substantial growth, while health infrastructure continues to evolve with new hospitals and facilities.
International Relations and Diplomacy
On the international front, Oman has strengthened diplomatic ties, emphasized peaceful conflict resolution, and maintained its reputation as a hub for dialogue and cooperation.
Celebrations in Malaysia
Meanwhile, in Malaysia, the celebration was marked by a grand reception attended by around 700 distinguished guests, including members of the diplomatic corps, government officials, and the Omani diaspora, at a hotel in Kuala Lumpur. The Health Minister, Datuk Seri Dr Dzulkefly Ahmad, was the Guest of Honour at the event, which featured a vibrant showcase of Omani culture and cuisine.
Also in attendance was Oman’s Ambassador to Malaysia, Sheikh Al-Abbas Ibrahim Hamed Al-Harthi. In his remarks, Sheikh Al-Abbas reflected on Oman’s global role and its strategic partnership with Malaysia, emphasizing the enduring and evolving ties between the two nations.
Conclusion
Oman’s 54th National Day celebration is a testament to the nation’s commitment to progress and development. With its impressive economic and social achievements, Oman continues to strengthen its position on the global stage. The country’s strategic partnerships and diplomatic efforts also demonstrate its dedication to building a prosperous future.
FAQs
Q: What is the significance of Oman’s 54th National Day?
A: The celebration marks Oman’s 54 years of independence and highlights the nation’s significant progress in economic, social, and developmental spheres.
Q: What are some of the notable achievements of Oman’s economic sector?
A: Oman has reduced public debt from 62.3 per cent of GDP in 2021 to 35 per cent by mid-2024 and maintained consecutive budget surpluses. Public revenues have also reached OMR 8.106 billion by August 2024.
Q: How has Oman’s education sector evolved?
A: Sultan Qaboos University has climbed 92 places in global rankings, and investments in schools have expanded educational access.
Q: What is Oman’s approach to international relations?
A: Oman has strengthened diplomatic ties, emphasized peaceful conflict resolution, and maintained its reputation as a hub for dialogue and cooperation.