By Staff writer
Public sector employees to lose health insurance, bonuses and other privileges under spending cuts
Public sector employees in Oman face losing a raft of benefits under new austerity plans unveiled by the Ministry of Finance.
Among the privileges that are set to be removed or reduced are health insurance, life insurance, travel insurance and car insurance, as well as life insurance allowance, loans, bonuses, and some other incentives, reported Times of Oman.
Incremental pay rises not related to formal objectives and job brackets are also to be axed, the newspaper said.
The decision was contained in a circular on austerity plans from Oman’s financial affairs minister Darwish bin Ismail bin Ali Al Balushi last month.
According to the report, the institutions affected by the plans are the Technology Authority, Authority for Electricity Regulation, Telecommunications Regulatory Authority, the Public Authority for Consumer Protection, the Public Authority for Investment Promotion & Export Development, Duqm Special Economic Zone Authority, the Public Authority For Radio and Television and the Public Authority for Craft Industries.