PBF hails cut in POL prices

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Senior Vice President of Pakistan Businesses Forum (PBF), Muhammad Riaz Khattak has termed the cut in the prices of petroleum products a wise decision of Prime Minister Shehbaz Sharif, saying it would provide relief to the common man and business community in the ongoing inflation.

In a statement issued here on Friday, he expressed the hope that the prime minister would also take measures to reduce the power tariff for overcoming the power crisis due to unscheduled gas load shedding as it had become impossible for the industrialists to meet the export targets.

Riaz Khattak said the “survival of a country depends on a sound economy”, which requires a peaceful atmosphere, better law and order, and business-friendly environment. He urged the political parties to give top priority to maintaining a peaceful atmosphere in the country, which was a pre-requisite for sustainable economic growth.—APP