Lahore: Intercity carriers in Lahore have increased tickets by 15 to 20% in response to the government’s decision to raise petrol prices on Saturday, according to several local media outlets. According to the information, bus rates from Lahore to Karachi have been increased by Rs200 to Rs3,800, while the Lahore – Peshawar travel has been increased by Rs100 to Rs1,600.
Similarly, rates from Lahore to Faisalabad have been hiked by Rs100 to Rs730 per seat, while bus fares from the provincial capital to Multan have been increased to Rs1,230. Other rates that have experienced increases include Lahore to Khanewal, which is now Rs1,100, and Lahore to Hyderabad, which is now Rs3,600.
The federal government raised the price of petrol by Rs10.49 per litre and HSD by Rs12.44 per litre with immediate effect on Saturday, ostensibly to pass on the effects of higher international market prices.
According to a notification released by the Finance Ministry, the new price of petrol will be Rs137.79 per litre, effective October 16, and high-speed diesel would be Rs134.48. Kerosene and light diesel oil (LDO) rates were also raised by Rs10.95 and Rs8.84 per litre, respectively.