FPCCI hails PM’s decision to reduce energy tariff for industry

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has welcomed Prime Minister Imran Khan’s decision to provide relief to the industry by reducing electricity tariff.

Addressing a press conference on Tuesday, FPCCI President Mian Anjum Nisar lauded the PM’s bold initiative to reduce electricity tariffs for SMEs and industries.

“The FPCCI had for long been striving for a balanced electricity tariff so that our industry could compete with the region. The struggle is now over as the government has realized the issue,” he stated. “The reduced cost electricity will positively impact local markets, help the country overcome inflation, and lead to economic growth.”

Nisar urged the businessmen, traders and industrials to avail the benefits of this facility and play their part by increasing their production as well as export volume.

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“It is high time to put all energy and efforts towards the socio-economic development of the country,” he added.

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