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KARACHI,July 26,2026: North Karachi Association of Trade & Industry (NKATI) President Faisal Moiz Khan has urged the government to reconsider its decision to revise petroleum prices daily. He warned that the policy could seriously affect Pakistan’s industrial sector, exports, and overall economy if authorities fail to review it immediately.
In a statement, Khan said businesses are already struggling with high inflation, rising production costs, the energy crisis, and an uncertain economic environment. Daily changes in petrol and diesel prices, he added, have created further instability for manufacturers and exporters trying to remain competitive.
“If the government continues to create uncertainty instead of providing a stable and business-friendly environment, its vision of economic stability and sustainable growth will remain unattainable,” he said.
Furthermore, Khan said the export sector has been hit particularly hard. Exporters usually calculate production costs and finalize contracts well in advance. However, daily fuel price revisions constantly change manufacturing costs, disrupt export orders, and complicate pricing agreements with international buyers.
He added that frequent fuel price changes also increase transportation costs and disrupt supply chains. Consequently, industries face greater difficulty in estimating costs, planning production, and making long-term business decisions.
Khan pointed out that many countries, including Pakistan’s regional competitors, follow stable fuel pricing mechanisms. Such policies, he said, provide businesses with the certainty needed for planning, investment, and uninterrupted industrial activity.
He suggested that if fuel price adjustments are unavoidable, the government should fix petroleum prices for a defined period instead of changing them every day. This approach would help industrialists, exporters, and traders plan costs more effectively, negotiate contracts with confidence, and meet export commitments on time.
Finally, Faisal Moiz Khan urged Prime Minister Shehbaz Sharif, the Finance Minister, and the Petroleum Minister to immediately review the policy. He called for a transparent, predictable, and stable fuel pricing mechanism to protect Pakistan’s industry, trade, and exports from further disruption.
