The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Friday reacted strongly to the arbitrary increase in petroleum, oil and lubricants (POL) prices, stating that the newly elected Pakistan Muslim League-Nawaz (PML-N) government was carrying on with policies of the previous Pakistan People’s Party (PPP)-led regime.
FPCCI President Zubair Ahmed Malik in a statement said the PML-N government, instead of fulfilling its commitments with the masses, had increased POL prices by about one percent without considering the miseries of the common man, who had already taken the brunt of massive increases in POL and utilities prices during the last two regimes.
He said frequent rises in prices of utilities and POL were a heavy burden on the poor man. He went on to say it seemed the PML-N government was continuing with PPP’s policies that focused only on revenue generation by over-burdening consumers sans any wisdom.
Malik said he had advised the government to come up with concrete economic policies, unlike the previous regime, to stabilise the economy instead of just relying on increasing prices without a rationale.
Rejecting the uncalled for increase in POL prices, he asked the government to withdraw the increase in order to show some respite and easing the miseries of the people of Pakistan.
The observation of FPCCI is perfect and PML N is adopting the same policies of previous PPP`s government.As BISP is the political stunt and same scheme is being followed by PMLN which is logically wrong and beyond understanding.This plan must be immediately abolished and against Rs.75/= billions nearly equally tax relief must be awarded to general public.moreover increase in Power Tarif and POL must be withdrawn.
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