The Lahore Chamber of Commerce & Industry has welcomed cut in petroleum products prices and mark up rates saying that government and State Bank of Pakistan have taken steps in right direct at a difficult time.
In a statement, the LCCI President Irfan Iqbal Sheikh said that the Lahore Chamber of Commerce & Industry was calling since long for cut in petroleum products prices and markup. He said that government has taken a good decision that would give a bigger relief to the industrialists, traders and masses.
Irfan Iqbal Sheikh said that coronavirus has halted the economic activities across the country. He said that business community and government need cooperation of each other at this critical time of the history to cope the severe challenges.
The LCCI president said that business community is in a deep trouble. He said that besides cancellation of exports orders, provision of employment is one of the top priorities of the business community.
Cut in POL prices and mark up rate would be definitely a big support to the business doing people.
Meanwhile, the LCCI office-bearers urged the masses to cooperate with the government and the law enforcement agencies and adopt the advises issued for their safety.
