Sharakah meeting deliberates on enhancing spending efficiency
MUSCAT: Better spending efficiency was the subject of a session organised by Sharakah yesterday.
The working team of the public and private partnership (Sharakah) organised the session at Al Wahat Club in Muscat.
The title of the session was “Enhancement of Spending Efficiency in the Sultanate: Better Achievement at Lower Cost.”
It was part of the sessions organised by the team under the theme “Strengthening the Business Envi- ronment in the Sultanate”.
Nasser bin Khamis Al Jashmi, Undersecretary of the Ministry of Finance stressed the importance of this session due to its expertise and experience through reviewing Oman Telecommunications Company (Omantel) experience in reducing spending, or what is termed “Better Achievement at Lower Cost”.
He pointed out that this example should be followed by institutions, whether in the public or private sectors. Al Jashmi said in a statement to Oman News Agency (ONA): “We need to listen to the experience of others to start where others have ended, to learn about what has been achieved and what were the failures to take advantage of the lessons, so that other institutions can avoid the negatives”.
He highlighted the importance of constant review of spending, as well as reviewing the performance of institutions to enhance efficiency and effectiveness.
Dr. Ali bin Qassim bin Jawad, Studies and Research Adviser at the Diwan of Royal Court opened the session by saying that Sharakah team has focused on a range of initiatives and working sessions that aim at enhancing the business environment in both government and private sectors.
The session included the experience of Omantel in the field of enhancing the efficiency of spending, which aimed to come up with proposals and recommendations that can be applied in the Sultanate and contribute to enhancing the efficiency of spending in the state-owned companies.
Talal bin Said Al Ma’amari, CEO of Omantel gave a presentation on the efficiency program, which was applied by the company and achieved positive results on the level of rationalisation of expenditure and revenue raise.
The CEO of Omantel stressed in a statement the importance of organising such sessions, work- shops and initiatives undertaken by Sharakah to share experience between the public and private sectors.
He pointed out that the partnership is necessary to come up with new mechanisms that modernize the operational processes, which fall under rationalisation, upgrading efficiency, as well as improving operational aspects related to the provision of service to the community, whether governmental or private service.