ISLAMABAD: The Pakistan Goods Transport Alliance has announced a 10 per cent increase in goods transport fares across the country following the recent rise in petroleum prices.
President of the alliance, Malik Shehzad Awan, reacting strongly to the increase in petroleum prices, said transporters across the country condemn the decision.
He said the continuous rise in petrol and diesel prices has significantly increased the operational costs of the transport sector.
According to him, due to rising expenses, it is no longer possible for transporters to continue operations at previous rates, making a 10pc increase in fares unavoidable.
Malik Shehzad Awan said the persistent increase in petroleum prices is not only affecting the transport sector but is also contributing to inflation across the country.
He claimed that government policies have increased economic pressure and led to rising unemployment.
He further said that, in view of the challenges faced by transporters, fines imposed by motorway police, traffic police and other authorities should be withdrawn to reduce the financial burden on the sector.
Following the announcement by the transport alliance, an increase in the cost of goods transportation is expected nationwide, which may further contribute to inflation.
Read also: Govt revises fuel prices for a week
The government has announced an increase in the price of petrol and diesel for a week.
According to a notification issued by the Petroleum Division, the price of petrol and diesel has been increased by Rs 26.77 per liter.
After the increase, the new price of petrol has been fixed at Rs 393.35 per liter and the new price of diesel at Rs 380.19 per liter.
According to the notification of the Petroleum Division, the new prices of petrol and diesel will be applicable from 12 midnight tonight.
