FPCCI lauds reduction in petrol prices
ISLAMABAD: President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Abdul Rauf Alam has appreciated the decision of the government to slash petrol prices by Rs.8.48 per litre. In a statement issued here, he said that this decision would significantly improve the business activities across the country. The FPCCI President further said that this step has improved the competitiveness position of the country in the region in terms of oil prices. He also stressed the need for taking several other measures to improve overall business rating in Pakistan. Rauf Alam also appreciated the government decision of reduction of Rs.4.11 per unit in electricity tariff for all public sector distribution companies.