Just after the federal government’s recent decision to hike fuel prices, transportation rates for both intercity and intracity travel have surged by 20%. This is seriously getting out of hand now. A media report highlights that the increase in bus fares is particularly noticeable in Lahore. This fare adjustment applies to both air-conditioned and non-air-conditioned buses, sparking concern among the general public as commuting between cities is becoming increasingly unaffordable for a vast majority.
New Prices
The sudden announcement of the fuel price increase caught everyone off-guard as there were no prior hints or indications as to this. Today, the price of high-speed diesel (HSD) stands at Rs. 273.40 per liter, and petrol prices have skyrocketed from Rs. 253 to a staggering Rs. 272.95 per liter.
Apart from the impact on transportation costs, it is anticipated that the rise in diesel prices will lead to a significant surge in the prices of general consumer goods, further burdening the public with rising living costs.
A National Pandemic?
Pakistani citizens are currently facing the weight of various financial burdens, with rising costs in numerous aspects of daily life. The recent increase in fuel prices, as well as inflationary pressures on essential commodities, have proved to cause back-breaking economic challenges for the population. The cost of food, utilities, education, and healthcare has been on the rise, putting immense strain on households across the country. Additionally, the surge in transportation fares due to the fuel price hike adds to the woes of already struggling individuals and families, making intercity and intracity travel less affordable. If this continues Pakistan might not even need another pandemic to meet its end.
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