Transporters Reject Fuel Price Hike, Announce Fare Increase
KARACHI: The Pakistan Goods Transport Alliance has strongly opposed the recent increase in petrol and diesel prices announced by the federal government. Alliance President Malik Shahzad Awan stated that transporters are already under immense financial pressure and can no longer absorb rising fuel costs. The frequent adjustments in petroleum prices, he said, are causing instability within the transport sector and affecting freight operations nationwide. In response, the alliance has announced a 3% fare increase and warned of further action if the government fails to reconsider the decision.
| Category | Details |
|---|---|
| Petrol Price Increase | Rs. 4.07 per litre |
| New Petrol Price | Rs. 268.68 per litre |
| Diesel Price Increase | Rs. 4.04 per litre |
| New Diesel Price | Rs. 276.81 per litre |
| LPG Price Reduction | Rs. 79.14 per domestic cylinder |
| New LPG Cylinder Rate | Rs. 2,448 |
| Transport Fare Adjustment | 3% Increase |
| Announced By | Pakistan Goods Transport Alliance |
Transport Sector Response Reject Fuel Price Hike, Announce Fare Increase
- 3% Fare Hike: Implemented immediately to offset fuel cost impact.
- Future Decisions Pending: Unions may announce stronger measures if prices remain unchanged.
- Economic Pressure: Frequent fuel hikes are raising operational costs and freight charges.
Fuel Price Adjustment Details
New Government Rates
According to the Ministry of Finance, petrol now costs Rs. 268.68 per litre, while high-speed diesel stands at Rs. 276.81 per litre. These new rates took effect immediately after the official notification. Transporters argue that such hikes disrupt logistics planning and burden both operators and consumers across Pakistan.
LPG Price Revision
In a contrasting move, the Oil and Gas Regulatory Authority (OGRA) reduced liquefied petroleum gas (LPG) rates for October. The cost of a domestic cylinder dropped by Rs. 79.14, from Rs. 2,527 to Rs. 2,448, offering slight relief to households amid broader inflationary trends.
For official notifications and pricing updates, visit the Ministry of Finance Pakistan{:rel=”nofollow”}.
Conclusion:
With fuel prices on the rise again, Pakistan’s goods transporters are voicing strong opposition, implementing a modest fare increase while warning of larger protests if relief isn’t provided soon. The government’s challenge remains balancing revenue needs with sectoral stability as inflation continues to squeeze both businesses and con
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