PM's decision to promote industry and construction welcomed.

Islamabad -- The Pakistan Economy Watch (PEW) on Wednesday lauded the decisions of Prime Minister Imran Khan to reduce the price of petrol, diesel and electricity which will protect masses from the impact of global inflationary trends.

It also lauded measures aimed at promoting industrialization and construction and encouraging expatriates to invest in Pakistan.

PEW Chairman Brigadier (retd) Muhammad Aslam Khan said in a statement issued here today that despite the increase in oil prices in the international market, the Prime Minister has reduced the price of petrol and diesel by Rs10 per litre and electricity by Rs5 per unit, which will provide relief to the masses.

He supported other relief initiatives which will alleviate some suffering of the people which include Sehat Sahulat programme, increasing the limit of Ehsas Cash Programme and interest-free loans under Kamyab Pakistan Programme.

Aslam Khan said that financial assistance for deserving families has been increased, capital...