Transport and Freight Fares Surge by Up to 65% in Khyber Pakhtunkhwa, Pakistan
Pakistan: Transport, freight fares skyrocket by 65 per cent in KP
News 18
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In Khyber Pakhtunkhwa, Pakistan, a drastic rise in petroleum prices has led to a 65% increase in both passenger and freight transport fares. This surge follows multiple fuel price adjustments, significantly impacting commuters and transport operators, and raising concerns about inflation and economic stability.
- 01Transport fares have increased by 20% to 65% due to rising petroleum prices.
- 02The latest fuel price adjustment includes a hike of PKR 137.24 per litre for petrol and PKR 184.49 per litre for diesel.
- 03Political leaders have criticized the government's decision as unfair and detrimental to the public.
- 04The Sarhad Chamber of Commerce warns that high fuel prices could harm industrial activity.
- 05The cost of living crisis is pushing essential food items out of reach for low-income families.
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A significant increase in petroleum prices has resulted in a 65% hike in transport fares across Khyber Pakhtunkhwa, Pakistan. Following two recent adjustments, petrol prices now stand at PKR 458.40 per litre and diesel at PKR 520.35 per litre. Khan Zaman Afridi, president of the Public Transport Owners Association, highlighted the unbearable nature of these price hikes for both transporters and commuters. The increase in fares was approved without consultation, leading to discontent among transport operators and the public. Political backlash has ensued, with leaders like Aimal Wali Khan condemning the hikes as anti-people. Additionally, the Sarhad Chamber of Commerce has raised alarms about the potential negative impact on industrial activity and inflation, while the All Pakistan Wapda Hydro Electric Workers Union emphasized the human cost, noting that soaring prices are making essential food items unaffordable for many families.
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The surge in transport fares is likely to increase the cost of living for ordinary citizens, making essential goods less affordable and straining household budgets.
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