New Omani Postal Law in Offing

As part of the government’s plan to privatise Oman’s postal services, the government is proposing a comprehensive postal law. “The government is currently evaluating a strategic report prepared by an adviser. The plan is to restructure and commercialise the country’s postal sector,” Ahmed bin Abdulnabi Macki, minister of national economy and deputy chairman of the Financial Affairs and Energy Resources Council, told Times Business. “In fact, the plan is to introduce commercialisation ahead of privatisation. Privatisation is expected to improve efficiency and help the sector remain competitive. “The plan also involve development of a comprehensive postal law and regulations. Privatisation of the sector will follow the restructuring, after having operated for a period on a commercial basis.” Macki added. The restructuring and privatisation plans would be in line with international and regional postal service developments. The government may also consider introducing new services so as to transform postal services to a world-class communication system.