ISLAMABAD (Kashmir English): Following the reduction in petroleum product prices announced by Prime Minister Shehbaz Sharif, the President of Pakistan Goods Transport Alliance has announced a 40% reduction in fares.
Malik Shahzad Awan, President of the Pakistan Goods Transport Alliance, stated that they welcome the announcement of a reduction in petroleum product prices and announce a 40% reduction in goods transport fares.
Goods Transport Alliance demands further relief
He expressed hope that petroleum product prices would be further reduced and urged the government to provide relief in toll tax and withholding tax as well.
Addressing the nation, Prime Minister Shehbaz Sharif announced a reduction of Rs135 per litre in diesel price and Rs12 in petrol price.
The new price of petrol will be Rs366 per litre, while the new price of diesel will be Rs385 per litre.
The Prime Minister stated that the reduction in diesel prices would lead to a decrease in agricultural sector costs and public transport fares, and that it is the responsibility of the government to pass on the benefit of falling oil prices in the international market to the public.
He added that if costs are not reduced, the hard work of farmers will be wasted, and with the wheat harvest beginning, it is extremely important to reduce farmer costs.
