The recent hike in fuel prices by the federal government has triggered a response from the Pakistan Goods Transport Alliance, which has rejected the increase, calling it unjustifiable under the current economic conditions. Malik Shahzad Awan, President of the Alliance, stated that the transport sector is already under significant financial pressure and cannot bear further cost increases. He emphasized that the continuous rise in petrol and diesel prices is causing severe disruptions within the industry.
As a direct consequence of the fuel price adjustment, the Alliance has implemented a 3% fare increase. Awan cautioned that if the government fails to reverse or adjust the fuel pricing decision, the transport unions are prepared to escalate their actions in the coming days. This response comes after the Ministry of Finance issued its latest fortnightly revision, which raised the price of petrol by Rs. 4.07 per litre, now set at Rs. 268.68 per litre, and increased the cost of high-speed diesel by Rs. 4.04 per litre, bringing it to Rs. 276.81 per litre. These revised rates were enforced immediately upon their announcement.
