Monday, December 5, 2022
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The benefits of Saudi Arabia’s subsidized Petrol should be passed on to the people, according to KATI

Salman Aslam, president of the Korangi Association of Trade and Industry (KATI), congratulated the Prime Minister for keeping Petrol prices stable. He stated that the government’s action will bring some relief to industrialists as well as the general public.

People and manufacturers, according to Salman Aslam, could not endure the weight of a further increase in petroleum products at the present pace of inflation, while importers and exporters could not afford the increase in production costs.

Also read: The Saudi government has reintroduced $3 billion in aid to Pakistan

President KATI further said that the benefits received from Saudi Arabia of low-cost petrol should be passed on to the people. This will enable the industrialists to cover the damage caused by inflation and increased production costs.

Salman Aslam appealed to the Prime Minister to review the prices of petroleum products on a monthly basis.



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