The Arabian Story, 24 March 2025: The Ministry of Finance in Oman issued circulars requiring insurance for government vehicles, imports, and safes, from 1 April 2025.

The Ministry of Finance in Oman has issued three new circulars requiring this. These measures were part of the Ministry’s commitment to preserving state-owned assets and funds, ensuring they are adequately protected against potential risks. The circulars outlined specific insurance requirements, including coverage for government vehicles for the year 2025-2026, marine, air, and land insurance for government imports to safeguard against potential losses or damages during transit, and insurance of the contents of government safes.

The Ministry emphasised that these circulars align with the Financial Law, Oman Sultani Decree No. 47/1998, and are part of ongoing efforts to protect government assets.

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