FCCI hails cut in petroleum products prices


Decrease in prices of petroleum products is a happy augury, but the government must take immediate and stringent administrative measures to pass on its benefits to the lowest strata.

This was demanded by Faisalabad Chamber of Commerce and Industry (FCCI) President Atif Munir Sheikh in a statement issued here on Saturday.

He appreciated the decrease in petroleum products prices as a step to pass on the benefits of decrease in prices at global level. He said that a reasonable decrease had been made in the price of diesel, which was generally consumed by public transport and goods carriers, in addition to generating electricity. —APP


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