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POL price-hikes challenged in LHC
LAHORE: The latest hike in the price of petroleum products’ was challenged in the Lahore High Court (LHC) on Tuesday, Geo News reported.
The petition filed in the court made a plea that the surge in petroleum products’ prices would lead to further unemployment, as a result of the high cost of production and low demand.
Besides, the entrepreneurs would pass on the additional cost of production to the consumers already facing hardships due to hyperinflation.
Courtesy www.geo.tv