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imageLAHORE: Residents, transporters and traders have welcomed further reduction in fuel prices announced by the government and termed it a direction toward prosperity.

Talking to APP on Tuesday, they said that other petroleum goods prices would also decrease.

Nabeela Aslam, a housewife, said three rupees cut in fuel items is a good signal. However, it would be complete and meaningful only when its impact was visible on essential commodities,she added.

Jafar Nauman,an industrialist said, Pakistan Muslim League-Nawaz led government is looking committed to facilitate people in meaningful manner but the concern authorities should also help the government to implement new prices.

Absar Aleem, Waseem dar, Tahir Naeem and some other businessmen said "The government has reduced petroleum prices keeping in view the inflation rate, while the sit-ins and protests are causing huge loss to the national economy,".

They said the government is looking to pursue the agenda of providing relief to the people, and does not want to indulge in the `politics of accusations' being practised by other parties.

Usman Talha, Tanveer Butt, Shakeel Malik and other traders said that the country is moving towards economic stability due to the steps taken by the government, but the sit-ins had hindered the development process. "The country will once again continue its journey towards economic prosperity," they added.

Copyright APP (Associated Press of Pakistan), 2015

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