Reduction in petroleum prices to restore investor's trust.

RAWALPINDI -- Rawalpindi Chamber of Commerce and Industry (RCCI) President Muhammad Nasir Mirza on Wednesday welcomed the decrease in fuel and power charges and urged the government to ensure that the impact of the cuts must be shifted to the masses.

Talking to reporter, the RCCI President said the government should take emergency measures to control inflation.

He said the petrol and diesel prices directly impact transportation costs while bringing down the prices of petrol by Rs 10 per litre and Rs 5 per unit in electricity tariff would help the industrial sector to boost economic growth and lower the cost of production.

As the Holy month of Ramzan is approaching, Mirza stressed the need for controlling inflation and asked the government to devise an effective...

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