KARACHI: Faisal Moiz Khan, President North Karachi Association of trade & industry (NKATI), while expressing deep concerns over the recent rise in petroleum prices, has requested Prime Minister Imran Khan to take back the decision and reduce the price in order to control the inflation and to reduce the cost of industrial production. In an appeal, Faisal Moiz Khan expressed concern that the recent rise in petroleum prices would result in huge increase in industrial production cost and would have a very negative impact on local industries as well as export industries, while there will also be a flood of inflation which will affect the poor and middle class the most. “Making it easier to do business and promote industrialization is the vision of the Prime Minister. On the contrary, the government is taking steps to make business difficult and shut down industries, raising concerns among the business and industrial community “, he pointed out. DNA
