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Osama Mosleh Urges Dialogue Before Oil Sector Restructuring

Osama Mosleh Urges Dialogue Before Oil Sector Restructuring

The article refers to the ongoing fuel shortage crisis in the West Bank, with signs of increased fuel supplies expected in the coming week in an attempt to alleviate the crisis. It also discusses the government’s plan to establish a public company to manage the fuel sector, with a 51% ownership stake by the government and 49% by the private sector. However, it warns against the lack of consultation with the private sector and emphasizes the need for comprehensive dialogue before making any decisions, especially since the sector is considered one of the sensitive industries linked to citizens’ daily lives and the economy. The article also addresses challenges related to electronic payments, noting that the private sector supports the shift to digital transactions. Nevertheless, it stresses the importance of creating a conducive banking environment and rescheduling financial obligations due to current obstacles that hinder citizens and sectors from using bank cards. The report underscores the significance of partnership between the government and the private sector to ensure stability in the fuel sector, along with warnings that ill-considered changes could worsen the crises.

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