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LCCI calls for withdrawal of hike in POL prices

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Lahore Chamber of Commerce and Industry (LCCI) on Monday expressed concern over the hike in fuel prices and urged the government to withdraw this decision.

LCCI President Kashif Anwar, Senior Vice President Zafar Mehmood Chaudhry, Vice President Adnan Khalid Butt and Executive Committee, in a media statement here, observed that this would add to the already increased cost of doing business (CODB).

They urged the government to take immediate measures to control the rising inflation and CODB.

They shared that statistics issued by World Bank which indicate that only two percent economic growth was anticipated in Pakistan for the current fiscal year. —APP

 

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