AS you all know, the price of petrol is skyrocketing day by day. The Pakistani government has once again increased the price of petrol by Rs 24 and diesel by Rs 60. Goods transporters have suspended their operation across the country following the rise in petrol prices.
Goods Transport Association Chairman Statement:
The chairman of Karachi goods transport associations Rana Aslam said that transporters have halted operations at ports and held a meeting to develop a long-term strategy to combat rising gasoline prices. He Said, during the meeting, a nationwide strike and other harsh measures will be discussed. We’ll also consider raising transportation fares. Furthermore, the association is planning to raise transit fares by up to 40%.
He added, that they are unwilling to accept an enormous increase in fuel prices and inflation. They don’t have any other choice but to suspend their operations. The association is constantly considering a strike to raise its voice against inflation. If the association goes on strike, the situation would worsen since the country’s supply chain will be disrupted.
Current Fuel Prices in Pakistan:
The newly formed coalition government has again raised the price of petrol on the 16th of June and this is the third substantial price increase in less than 20 days.
After the recent hike in fuel price, Petrol prices increased by Rs. 24.03. Now a liter of petrol costs Rs. 233.89.
The price of High-Speed Diesel increased by Rs. 59.16, bringing it to Rs. 263.31 a liter.
The price of kerosene oil increased by Rs. 33.12 and now its new price is Rs. 211.43 a liter.
In addition, the cost of Light Diesel Oil (LDO) has risen by Rs. 25.53. The current exchange rate is Rs. 207.47.