KARACHI: President, Karachi Chamber of Commerce and Industry, Iftikhar Ahmed Vohra has appreciated the Federal cabinet's decision to significantly decrease the prices of petroleum products including petrol and diesel, and called for corrective steps at all levels to benefit the common man. Certainly, this decrease in POL prices can provide relief to the people in many ways.
However, the provincial governments and other agencies concerned should also come ahead and ensure trickle down effect, he said in his comments to APP here on Friday.
He also appealed to transporters to cut their fares/transport charges so that the people get goods, especially the essential items, at low prices along with relief in their routine travelling bill.
KCCI President noted that the industry would definitely benefit from reduction in POL prices ; mainly in Punjab where most of the industrial units generate electricity by using diesel to meet their energy needs.
Iftikhar Ahmed Vohra maintained that the government should work for further cut in oil prices as crude price in international market has dropped to more than 20 per cent.
Comments
Comments are closed.