Following a significant reduction in petroleum product prices, transporters across Pakistan have announced major cuts in public and goods transport fares.
In Lahore, public transport operators have immediately reduced fares by 25%, while several private transport companies have also implemented similar reductions. Fares for Mazda trucks and other local transport services have also decreased by 25%.
On the other hand, goods transporters have announced a nationwide reduction of up to 40% in freight charges, implementing the decision with immediate effect.
According to the President of the Pakistan Goods Transport Association, freight charges across the country have been reduced by up to 40 rupees due to the decrease in diesel prices. He termed the government’s decision a “welcome step.”
Meanwhile, after Prime Minister Shehbaz Sharif’s announcement regarding the reduction in petrol and diesel prices, kerosene oil and light diesel oil have also become cheaper. The Petroleum Division has issued an official notification.
According to the notification, petrol prices have been reduced by Rs 11.83 per litre, bringing the new price to Rs 366.58 per litre. Diesel has been reduced by Rs 134.81 per litre, setting the new price at Rs 385.54 per litre.
Kerosene oil has been reduced by Rs 17.33 per litre to Rs 450.15, while light diesel oil has been cut by Rs 25.31 per litre, setting the new price at Rs 369.72 per litre.
The new prices have been implemented from midnight, after which relief effects have started appearing across the transport sector nationwide.
