Muscat (WAF): Only 30 per cent of Mwasalat income is generated from ticket sales, said Ahmed al-Futaisi, Minister of Transport and Communications said today in a public hearing at al-Shura Council, the elected branch of the Omani Parliament.
While admitting that the government-owned company is “heavily subsidised”, he pointed out that Mwasalat aims at reducing its dependency on the government by decreasing the subsidy bill.
Al-Futaisi explained that Mwasalat “is not profitable” as its main purpose is to “reduce traffic on roads,” arguing that “If we (Mwasalat) started aiming at making money, it would increase 200-300 biasa rates to two and three Omani rials”. Assuring that there are no plans to left the subsidy off the public transportation in Oman.
Reporting: Hassan Shaban
Editing: Fatma al-Arimi