SITE industrialists demands to withdraw hike in Petroleum prices.

KARACHI -- Abdul Rashid, President, Site Association of Industry, Karachi, while expressing deep concern over the increase in prices of petroleum products by Rs 59, has demanded Prime Minister Shehbaz Sharif, Finance Minister Miftah Ismail and Minister of State for Petroleum Division Senator Musadik Masood Malik to withdraw hike in POL prices and another alternative solution must be found to cover the country's deficit.

In an appeal, SAI President said that the government always cares of IMF but the people of the country do not care. As a result of the increase in POL prices, people are facing high inflation.

Abdul Rasheed said that the price of petrol was increased by Rs 84 per liter and diesel by Rs 129 per liter in 18 days. This has had a huge impact on production activity as...