A fuel subsidy card system in Oman is being given a test run, but no final decision on whether it will be introduced has been taken, according to the Ministry of Oil and Gas. The cards – if implemented – would allow those families in low-income groups to benefit from discounted fuel. Since the fuel subsidy was removed last January, Shura Council members and residents have been asking for a safety net for those in need.
The ministry statements reads: “A technical committee that has been charged with studying and determining oil products prices, in cooperation with marketing companies in the Sultanate, has also been testing the readiness of the electronic card system as one of the options that has been proposed for the National Subsidy Project for some segments of society, as a result of changing oil prices.
Previously officials had said that the government is working on a plan to create a safety net for those unable to afford higher fuel costs. The price of fuel has risen by at least 50 per cent since the subsidies were removed, in an effort to save money due to falling oil prices.
Source Credit: Times of Oman
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