ISLAMABAD: The business community, transporters and general public of the twin-cities of Islamabad and Rawalpindi on Monday hailed the government's decision for reducing the prices of various petroleum products.
People from different walks of life said that the government was moving towards economic stability and the opposition must also realize its responsibility towards the masses.
Abdul Mateen, a businessmen appreciated the government steps taken to provide relief to masses in the petroleum products.
He said that reduction in petroleum prices would help to provide relief to common man. He said that reduction in petroleum products would also have impact on daily use commodities.
Muhammad Kashif, a shopkeeper said that with reduction in oil prices, transport fares would decrease all over the country. He said that the government had taken a marvelous step for the welfare of people and everything would now be available at cheap prices.
"The democratic government's step will leave a positive impact on the national economy," said a MBA student Wahid Khan. He said that the cost of transport used in handling import and export would also come down.
Moeen Khan, another shopkeeper said that people would have a better purchasing power due to direct and indirect effects of the cut in petroleum prices.
Engineer, Zia ur Rehman said the credit for the decision to lower prices went to Prime Minister Muhammad Nawaz Sharif as a marked decrease in the price of petroleum products had been witnessed for the first time in the history.
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