LAHORE: In order to pass on the impact of reduced petrol and diesel prices to consumers, Federal Minister for Railways and Aviation Khawaja Saad Rafique on Saturday announced a ten percent reduction in railway and PIA fares.
“A 10 per cent reduction is being done in economy class fares of mail express trains and similarly, a relief of 10pc is being given for both classes of PIA’s domestic flights,” he said in a video message shared on his Twitter handle.
The new fares would be notified from July 17 (today) and would remain in force over the next 30 days, until Aug 17, he added.
He said that the Civil Aviation Authority (CAA) has been instructed to ensure a reduction in fares of private airlines following the decrease in fuel prices.
He also urged provincial governments to ensure private transporters passed on the benefit of lower fuel prices to passengers by reducing fares.
A day ago, the federal cabinet had also directed the federal and provincial authorities to ensure that the impact of the cut in petroleum prices immediately reached the people in the shape of reduced fares and transportation costs.
Published in Dawn, July 17th, 2022
