1. To formulate proposals for the development strategy and the future directions of the national economy, together with formulating the development objectives, regional and sectoral priorities and submit the same to the Council of Ministers for approval, and requesting the ministries and government units to undertake their implementation.
2. Formulation of the general macro-plans documents, investment programmes, implementation priorities in accordance with approved development directions and objectives, and in line with the review of regional and sectoral plans prepared by various ministries and government units, and submit the same to the Council of Ministers for approval.
3. Propose economic policies and programmes that aim at achieving the development objectives, as well as the necessary procedures for their implementation, then submit the same to the Council of Minister in order to consider their approval, and follow-up their implementation with the concerned authorities.
4. To prepare the macro-plans documents and ensure their soundness articulation, and conformity of their overall and partial components with the macro, micro and regional objectives.
5. To prepare the annual development budget in association with the Ministry of Finance, and in cooperation with the other ministries and government units and submit it for approval by the Council of Ministers.
6. To monitor and evaluate the implementation of the programmes and projects of the development plans, as well as the performance of the economic sectors and activities, in cooperation with the concerned authorities. Submission of periodic reports to the Council of Ministers as well as the specialized boards including the appropriate proposals for performance improvement and resolving the problems faced.
7. Conducting research and studies in order to broaden the production base, diversify national income sources, and achieve human resources development. Promotion of private sector role in the economic and social development so as to achieve sustainable development in coordination with the relevant authorities.
8. Studying and analyzing the global and regional changes and emphasize their impact on the national economic policies and programmes.
9. Development of relations in the economic spheres between the Sultanate and other countries, identification of fields of cooperation with the international and regional economic organizations.
10. Following up, in coordination with the relevant authorities, the economic activities pertaining to the Gulf Cooperation Council.
11. Representing the Sultanate in the conferences and meetings concerning developmental, economic, and statistical issues.
12. Participating in the negotiations concerning international conventions within the Ministry's jurisdiction and following up he implementation of the joint committees' resolutions.
13. Collecting and publishing the different statistics, carryout surveys , censuses in cooperation with the concerned authorities, in accordance with the requirements and needs of the development plans and as per the Statistical Law, and to work toward upgrading the statistical work allover the country.
14. To formulate a national information plan. To create economic, social and geographical information integrated network so as to serve the various development interests and goals in the country.
15. To formulate the appropriate proposals for the coordination of the ministries and government units activities pertaining to the implementation of development plans and programmes, and assist in supporting the role of its existing planning and statistics units
16. Commenting on the other ministries out put in terms of proposed legislations, Royal Decrees, and resolutions pertaining to the economic policies before their approval.
17. Training and qualification of the national staff of the Ministry.
18. Strengthening information efforts to raise the citizen's awareness as regards the development objectives, policies in order to enhance involvement of citizens in the development process.
19. Performing any other required capacities as per the laws and Royal Decrees.
20. The Ministry performs its capacities through its various systems and in accordance to its organizational structure.
Economical Analysis
