Sarhad Chamber of Commerce and Industry president FuadIshaq has urged the government to withdraw the recent hike in petrol price by Rs. 13.55 per litre, terming it detrimental to the country’s economy.
In a statement issued here on Friday, the SCCI chief said the government made an increase in petrol Rs13.55 per litre, which would affect business, trade and industrial progress in the country.
The chamber president said fuel, electricity and gas were used as raw material for industries and with frequent increase in these would increase the cost of industrial production, consequently, all segments of the society would be hit hard and impact negatively on the country’s economy.—INP
