FPCCI hails Prime Minister's decision to cut in electricity tariff by Rs.3 per unit

ISLAMABAD: Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Wednesday lauded the decision of Prime Minister Muhammad Nawaz Sharif for reducing electricity tariffs by Rs.3 per unit from January 1,2016.

In may be mentioned here that Prime Minister Muhammad Nawaz Sharif attended the auspicious occasion of 39th FPCCI Exports Awards 2015 organized by Federation of Pakistan Chamber of Commerce and Industry in Karachi on December 28 where he announced the decision of reducing electricity tariffs by Rs.3 per unit.

The award ceremony was attended by the renowned exporters and industrialists and received the awards for having best performance in exports. The FPCCI expressed the hop[e that this decision would help cut in cost production boost exports for the economic prosperity of the country.

President FPCCI, Mian Muhammad Adrees addressed the award recipients and attendance about the challenges faced by the business community and the players of economy in Pakistan. He on the occasion requested to Prime Minister Pakistan for decreasing the electricity tariffs for the industries and providing a relieving facility to the exporters in terms ofincreasing the Pakistani exports.

Mian Muhammad Adrees assured to have productive industrial growth after the completion of projects related to the electricity for the year 2017-18; it will lead the increase in employment opportunities as well.

He also appreciated the role of Pakistan Army and Rangers Pakistan for having a noticeable peace in the country by their operations.

Prime Minister Muhammad Nawaz Sharif made the announcement about the decreasing of 3 rupees per unit of Electricity with effect from January 1, 2016 for theindustries and it will increase the Pakistani exports with low cost of production.

Prime Minister has encouraged the efforts of Rangers Pakistan in Sindh and appreciated the Operation Zarb-e-Azb by Pakistan Army for maintaining peace in Pakistan.

Prime Minister hoped to have new industries in coming years for having good exports in future with new employment opportunities.

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