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Transport association rejected hike in oil prices

After the massive petrol price hike announced by the government, the public transportation expenses have also been raised by rupees 20.

According to a spokesperson for the Pakistan Public Transport Owners Federation, H.M Jahangir, transportation prices increased after the recent hike in petroleum prices.

Prime Minister Shehbaz Sharif approved a massive increment of 30 rupees in oil prices.

The new rates of oil will be,  Petrol – Rs179.86; Diesel – Rs174.15; Kerosene oil – Rs155.56, and Light diesel – Rs148.31.

The Prime Minister’s office states that these decisions were taken to tackle the economic situation in the country.

Moreover, H.M Jahangir says that the prices will increase from today (Friday). The devaluation of the Pakistani rupees has led to an increase in spare parts prices by 50 percent.

Meanwhile, Pakistan Goods Transport Association has rejected the hike in oil prices.

General Secretary Tariq Nabeel demanded that the government should take the prices back at all costs. Due to the current situation, the business has been affected by up to 60 percent.

He issued an ultimatum to the administration, demanding that the prices be taken back within a week.

If the demands are not met within a week, transportation will be suspended across the country, and drivers will go on strike

Courtesy Bol News

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