Saleem Memon Urges Government To Establish Effective Price Stabilization Mechanism
Hyderabad, (APP – UrduPoint / Pakistan Point News – 6th Sep, 2026) Muhammad Saleem Memon, the president of Hyderabad Chamber of Small Traders & Small Industry, has stated that the fluctuations in petrol and High-Speed Diesel (HSD) prices could significantly increase the burdens on small traders, industrialists, transporters, and the general public.
He emphasized the need for the government to implement a balanced mechanism that considers international market conditions while mitigating the impact on consumers and businesses.
Memon noted that industrialists are facing challenges in calculating production costs, and transporters are uncertain about freight charges. He highlighted the distinct differences in the situation between small traders and large corporations, urging the government to establish an effective Price Stabilization Mechanism for petroleum products and offer special relief to small industries and SMEs.
He also advocated for meaningful consultations with representatives from the business community during the determination of petroleum price adjustments.
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