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Wednesday, February 16th, 2022

 

ICCI slams historic hike in petroleum prices and demands urgent withdrawal

Islamabad, /DNA/ – Shakeel Munir, President, Islamabad Chamber of Commerce & Industry (ICCI) has slammed the government decision to make yet another hike in the prices of petroleum products taking them to almost highest level in the history of the country that would entail harmful consequences for business activities and unleash a new wave of record inflation for the common man. He urged that the government should immediately withdraw this unwise decision to save the businesses and the people from dire consequences. He said this while addressing an emergent meetingRead More


Opposition leaders slam govt’s ‘brutality’ as petroleum prices soar to all-time high

ISLAMABAD: The historic hike in prices of petroleum products has drawn condemnation from opposition parties’ leaders, with PML-N President Shehbaz Sharif accusing the PTI government of being “insensitive and heartless” to the sufferings of inflation-hit masses. The government last night notified an unprecedented increase in the prices of all petroleum products by up to Rs10 to Rs12 per litre for the next fortnight ending on Feb 28 “to pass on the impact of higher international oil prices” and application of additional petroleum levy, as committed to the International Monetary Fund (IMF). TheseRead More