Transport operators in Punjab announced a fare reduction on Saturday in response to the government’s recent cut in petrol and diesel prices, passing some of the savings on to passengers. The All Pakistan Transporters’ Association confirmed that fares on intercity routes from Lahore to various cities have been lowered by approximately 4 percent following the fuel price decrease.
This decision was made during a meeting led by the secretary of transport. The new fare structure took effect immediately on Saturday and applies to all public transport services operating on routes originating from Lahore.
To ensure transparency and adherence, transporters stated that the updated fare charts would be prominently displayed at bus terminals and stations. This adjustment follows the federal government’s announcement of a Rs22 per litre reduction in petrol and diesel prices, aimed at providing relief to consumers during the Eid holiday season.
In a significant development, the Prime Minister’s Office highlighted that the government has passed on the benefits of declining global oil prices to the public, emphasizing that easing the financial burden on citizens remains a priority despite fiscal challenges. The government had already implemented fuel price cuts in the previous week and is extending further relief measures to public transport operators, goods carriers, motorcyclists, and rickshaw drivers.
The latest price revision sets petrol at Rs381.78 per litre and diesel at Rs380.78 per litre, although the official notification from the Petroleum Division is still pending. Earlier reductions included a Rs6 per litre cut last week and a Rs5 per litre decrease on May 15, reflecting ongoing efforts to alleviate fuel costs for the public.
