ICCI lauds fuel price cut

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Islamabad Chamber of Commerce and Industry (ICCI) appreciated the government’s decision of reduction in Petroleum and CNG prices and termed it a positive step in the larger interest of trade, industry and masses as well.
Asad Farid, Acting President ICCI presiding over a meeting here on Friday, said that the withdrawal in prices of petroleum products and CNG would not only give some relief to the masses but it would also benefit all sectors of the economy. He was of the view that reduction in the prices of petrol by Rs.10 per litre and CNG by Rs. 6 per kg would go a long way for the revival of economic activities in the country. Asad Farid said that such positive decisions of the Government would accelerate export oriented activities and would help exporters to compete more effectively in the international market.