ISLAMABAD: The All Pakistan Business Forum (APBF) has rejected the recent increase in prices of petroleum products, as despite a decline in the international market, the government has increased the prices of petrol and high-speed diesel which is unjust and unfair. The APBF appealed the government to bring down the prices of utilities to the regional competitors besides lowering interest rate which is also very high when compared to the other countries. APBF President Syed Maaz Mahmood remarked that at a time of unsatisfactory export volumes and low industrial growth, the hike in oil products along with constant raise in electricity and gas tariffs for the industry, especially for the SMEs, was really surprising. DNA
