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Oil prices to be reduced further

Published: November 09, 2008

RAHIM YAR KHAN (Online) - Prime Minister Yousaf Raza Gilani has said that there was a possibility of further reduction in oil prices and urged investors to refrain from transferring their capital abroad.
Addressing a public gathering here on Saturday, and talking to media afterwards, he appealed to the investors to refrain from transferring their capital abroad, since the government was giving investors many incentives and besides, the economic condition of the country was on its way to fast-track recovery. He said that the incumbents had even spared former President Musharraf after he publicly announced his resignation, and from now on the elected government would be making decisions for the welfare of the masses.
While lauding the efforts and role of PPP for spearheading long march for the freedom of media and judiciary, he vowed to eschew any form of nepotism and favoritism, whatsoever. He announced more incentives for the investors, more power plants to address the energy crisis, and strongly refuted the notion that the recently expanded Cabinet was big and a burden on the national exchequer.
He also refuted any differences with Maulana Fazlur Rehman and said that the government would take entire polity, including MQM along the road to democracy.

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