Following the unpreceded surge in the prices of petroleum products, transports announced an increase in fares on Monday.
They claimed that the increase in fares was very much necessary after the hike in the price of fuel.
The transporters raised the fare from Lahore to Karachi by Rs600 rupees.
The fare from Lahore to Rawalpindi, Faisalabad, and Multan has been increased by Rs100.
Finance Minister Ishaq Dar announced an increase in the price of petrol and diesel by Rs35 yesterday.
The national trade and transport bodies vent their rage over the massive increase in the prices of petroleum products.
The representative of different leading trade and transport unions demanded the government withdraw the decision
The All Pakistan Anjuman Tajran (APAT) president Ajmal Baloch, in a statement, termed the fresh hike in petroleum the last nail in the coffin of the country’s economy.
Ajmal Baloch said that a cruel increase in petroleum product costs will further weaken the economic environment which is already under threat on all fronts.
Traders Association of Pakistan president Kashif Chaudhry also rejected the hike in POL prices and said the latest increase would bring a flood of inflation in the country.
