Transport fares across Punjab have been reduced by Rs30 to Rs70 following a drop in petroleum prices, confirmed Provincial Minister for Information, Uzma Bukhari.
The reduction comes after the federal government announced a significant cut in fuel prices, including petrol and diesel.
Punjab leads in fare reductions
Bukhari credited Chief Minister (CM) Maryam Nawaz and her team for their proactive approach in ensuring that fare reductions are implemented whenever fuel prices decline.
She highlighted that Punjab is the only province to consistently lower transport fares after fuel price cuts, ensuring passengers are refunded any excess charges.
“No other province has taken similar steps following fuel price reductions,” Bukhari remarked, emphasising Punjab’s leadership in this area.
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Immediate action & monitoring
Following directives from CM Maryam, the fare reductions have been implemented immediately across the province. District administration teams are closely monitoring bus terminals to ensure compliance. Bukhari warned that strict action would be taken against transporters charging higher fares.
“It is our responsibility to ensure that passengers benefit from lower petrol and diesel prices,” she stated, urging transporters to cooperate with the government. Bukhari also mentioned that Maryam Nawaz is personally overseeing the situation to ensure compliance.
Two days ago, the federal government reduced petrol prices by Rs10 per litre, bringing the cost down to Rs249.10, and high-speed diesel (HSD) by Rs13.06 per litre, lowering it to Rs249.69. Kerosene and light diesel oil prices also saw significant cuts, reflecting global market trends.
These reductions are part of ongoing fluctuations in international oil markets, providing relief to Pakistani consumers. However, Federal Minister for Petroleum Musadik Masood Malik cautioned that while Pakistanis benefit from falling global oil prices, they also bear the burden when prices rise.
He noted that domestic oil prices are influenced by global market trends, and any future predictions would be speculative due to the volatility of international markets.
