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Reading: “Oil prices to be slashed further”: PM Nawaz Sharif
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PhotoNews Pakistan > Top News > “Oil prices to be slashed further”: PM Nawaz Sharif
Top News

“Oil prices to be slashed further”: PM Nawaz Sharif

Web Desk
By Web Desk Published November 20, 2014 2 Min Read
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Prime Minister Nawaz Sharif said that the government would further reduce the prices of petroleum products next month, which would help check inflation and give ease to the masses.

“The reduction in prices of petroleum products will benefit the growers through depreciation in the power bills of tube-wells and also give ease to general public in rural and urban areas through decreased transport fares,” he said in his comments telecast by PTV after chairing a meeting on energy.

The Prime Minister also referred to the cut in prices of petroleum products last month, which eased inflationary pressures on the masses, and said the government wanted to give maximum relief to people.

“We will announce a reasonable cut in the prices of petroleum products this time as well,” he maintained.

The Prime Minister termed the recent signing of billions of dollars agreements with China a “game-changer” and said the establishment of power houses and factories would prove historic in terms of elimination of load shedding.

“Those staging sit-in may not be desiring to see end of load shedding, but I am committed to do it and we will address this problem within our tenure of government,” he remarked.

Sharif said it was very unfortunate that due to the sit-ins the Chinese President had to postpone his planned visit to Pakistan., But on the invitation of Chinese President, he added, he visited China to sign billions of dollars agreements.

 

TAGGED:Nawaz Sharif
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