Oil prices to be reduced further

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.

Meanwhile, Prime Minister Syed Yousuf Raza Gilani has said that government is making all-out efforts to raise the standard of living of the downtrodden segments of the society.

He stated this during a meeting with a delegation of local notables and elders of Jamal Din Wali that met the PM here at Makhdoom on Saturday.

The Prime Minister especially mentioned the Benazir Income Support Programme that would assist the poorest of the poor in their income generation while empowering the womenfolk.

While discussing the consultative and political reconciliation policy of the government the PM said the government has taken all-important decisions after thorough consultation with all the democratic forces. He ensured the delegation that public interest is kept above every other aspect in the decision making and routing of decision making through the parliament is the manifestation of this policy.

Various ongoing development activities here also came under discussion during the meeting.

The PM directed the concerned authorities to take necessary care towards maintaining quality in the implementation of development work.

The delegation members reposed full confidence in the leadership of PPP and extended their all-out support. The PM thanked the public for reposing confidence in the PPP leadership.