OmanObserver_30-06-13
OmanObserver_30-06-13
OmanObserver_30-06-13
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SUNDAY, JUNE <strong>30</strong>, 20<strong>13</strong><br />
Expert panel discusses strategy<br />
for agriculture development<br />
Visual presentation explains objectives of the strategy<br />
MUSCAT — As part of efforts by the<br />
Ministry of Agriculture to prepare a<br />
sustainable development strategy<br />
for the agricultural sector till 2040,<br />
the national team tasked with the<br />
project yesterday held its irst meeting<br />
under the chairmanship of Dr<br />
Khalid bin Mansour al Zedjali, Director-General<br />
of Planning and Development,<br />
with the participation of<br />
experts and specialists at the Ministry<br />
of Agriculture and Fisheries.<br />
At the beginning of the meeting<br />
Al Zedjali explained that this was a<br />
preparatory meeting to agree on a<br />
roadmap to prepare a comprehensive<br />
sustainable strategy for the development<br />
of the agricultural sector.<br />
This task involves all the governmental<br />
agencies that are linked to<br />
the agricultural sector.<br />
The national team is supported<br />
in its mission by experts from the<br />
UN Food and Agriculture Organisa-<br />
SMEs workshop to examine<br />
implementation of decisions<br />
MUSCAT — The Public Authority for Small and Medium Enterprises Development<br />
(PASMED) will organise on Tuesday at the Grand Hyatt Muscat a<br />
workshop related to following up of implementation of decisions made at the<br />
Small and Medium Enterprises Development Symposium, which was held<br />
last January at Saih Al Shamikhat in the Wilayat of Bahla.<br />
The workshop will be held under the auspices of Dr Ali bin Masoud al Sunaidy,<br />
Minister of Commerce and Industry, Chairman of PASMED's Board in<br />
the presence of ministers and under-secretaries from the agencies concerned<br />
with implementing the decisions.<br />
During the workshop, visual presentations will be delivered by the governmental<br />
agencies concerned with implementing the decisions of the symposium.<br />
The door will then be opened for discussion and raising questions to<br />
those agencies in relation to implementation of the decisions of the symposium.<br />
— ONA<br />
tion (FAO) as the ministry signed an<br />
agreement in March this year with<br />
FAO for the preparation of the strategy.<br />
During the meeting, Al Zedjali<br />
presented a visual display and explained<br />
that main objective of the<br />
strategy is to serve as a referral<br />
framework for developing the agricultural<br />
sector and it shows how the<br />
sector will be like in the future.<br />
Al Zedjali said the ministry has<br />
inalised a similar strategy for the<br />
development of the isheries sector<br />
till the year 2020 which was<br />
approved the Council of Ministers.<br />
He also spoke about the futuristic<br />
vision in the agricultural sector in<br />
terms of programmes and projects<br />
and the importance of long-term<br />
planning by preparing an applicable<br />
investment programme concordant<br />
with the local, regional and international<br />
trends.<br />
CBO certiicates of<br />
deposit tender results<br />
MUSCAT — Certiicates of deposit<br />
tender was held at the<br />
Central Bank of Oman (CBO)<br />
this week.<br />
The total amount allotted for<br />
issue No 823 was RO 426 million.<br />
A bulletin issued by the CBO<br />
stated that the average interest<br />
rate of these certiicates was<br />
0.<strong>13</strong> per cent while the maximum<br />
accepted interest rate<br />
was 0.<strong>13</strong> per cent.<br />
The tenure of these certii-<br />
cates is 28 days, so their maturity<br />
date is on July 24.<br />
The certiicates of deposit<br />
issued to licensed banks by the<br />
CBO as a monetary policy instrument<br />
aimed at absorbing<br />
excess liquidity in the banking<br />
sector in particular and maintaining<br />
stability of the interest<br />
rate and the money market in<br />
general.<br />
The Repo rate during June<br />
26-July 2 is 1 per cent. — ONA<br />
OMAN<br />
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