cover image: State-Owned Enterprises (SOES) in Oman : Review of SOE Governance Practices (English)

State-Owned Enterprises (SOES) in Oman : Review of SOE Governance Practices (English)

1 Nov 2024

This report is part of a World Bank review of Stateowned Enterprise (SOE) governance practices in Middle East and North Africa (MENA) countries. The review is responding to the scarcity of data about such practices in the MENA region. It initially covers six countries, including: Djibouti, Egypt, Jordan, Morocco, Oman, and Tunisia. The objective of the reviews is to develop and disseminate knowledge about SOE governance in the interests of promoting continued SOE reforms in the region. This report provides an overview of the SOE landscape and history in Oman, followed by a review of key dimensions of SOE governance practices. This includes a review of the following dimensions: (i) The legal and regulatory frameworks for SOEs; (ii) State ownership arrangements; (iii) Performance management frameworks; (iv) SOE board structures and functioning; (v) Transparency and disclosure practices; (vi) Procurement policies and practices; and (vii) Climate reporting practices. The framework for the review is based on the Organisation for Economic Cooperation and Development (OECD) Guidelines for SOE Corporate Governance and the World Bank's Integrated SOE Framework (iSOEF).
public administration public finance governance middle east and north africa economic growth financial inclusion sustainable growth public service delivery transparency financial sector development sub-national government state owned enterprises public finance management data production budget preparation and management techniques financial reporting system public sector management political and institutional sustainability public accounting system governance and growth budget execution and treasury management data development and capacity building accountability and good governance accessibility and use state-owned enterprise reform and privatization

Authors

Ladegaard,Peter Farup, Colvin,James Mitchell

Related Organizations

Organisation for Economic Co-operation and Development
Disclosure Date
2024/10/29
Disclosure Status
Disclosed
Doc Name
State-Owned Enterprises (SOES) in Oman : Review of SOE Governance Practices
Pages
49
Product Line
Advisory Services & Analytics
Published in
United States of America
Rel Proj ID
5M-Modernizing Soe Governance In Mena -- P177105
Unit Owning
EFI-MNA-GOV-FM & PS (EMNGU)
Version Type
Final
Volume No
1

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