Karachi; Pakistan Businesses Forum (PBF), Vice President Ahmad Jawad said the Government is already struggling with price control drive across Pakistan and the latest summary sent to petroleum division for revision of petrol prices would further aggravate the problems of a common man and the business community alike. We are not in a condition to face further blows, these regular and sharp increases in the petroleum prices shall strike poverty stricken masses and the businessmen who are burning midnight oil to bring the prices of consumer and other goods down.
‘This continuous summary to increase pol prices further added to the ever increasing inflation, which in no way is acceptable – neither to the public nor to industries’.
Even a weaker ruppee creates an imbalance in the prices of daily use consumer items, transportation of goods is equally affected, farm to market expense gets higher and ultimately, it causes a trickle-down effect that is neither good for the national economy nor for individuals at any level. This economic style is against the Prime Minister’s vision and Ease of Doing Business terminology is dead in the country, instead of facilitating businesses and agriculture. From this esteemed platform, we urged the Prime Minister Imran Khan to turn down the proposal for the sake of the public, for the sake of the business community and industrial growth, said Jawad.
In order to keep the economy afloat and provide stability to the struggling business community, the Government should bring down the current petroleum prices instead. OGRA’s and Petroleum division proposal is not only anti-people, it shall further cause stress among masses who expect and deserve relief but nothing else, at this moment. The entire business community, trade bodies and industries expect the federal government to take decisions that directly benefit the common man.
It’s high time to appreciate rupee against dollar to run the country, Pakistan will not govern with this depreciation, that’s why after every 15 days masses and business community saw another hike in petroleum prices; Vice President PBF Ahmad Jawad added.
