Press Release

President FPCCI expresses concerns over recent hike in Oil and Gas prices

2 nd February, 2018, Ghazanfar Bilour, President FPCCI has shown his deep concern over recent hike in
the prices of petroleum products and LPG. He stated that this will increase the cost
of production and Pakistani products will suffer in competitiveness. Consequently,
there will a further negative impact on our already declining exports.

He further said a huge population is living below the poverty line in the country. The
current increase in prices will increase burden on the poor masses in particular and
overall on general public, as the prices of commodities will rise.
He urged the government that these increases may be withdrawn.

Dr. Iqbal Thaheem
Secretary General