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Pakistan's inflation rate has soared to 20.09%, causing commodity prices to spike
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Pakistan Railways has once again announced an increase in train fares, effective from July 19. A notification has been issued, detailing a 1% hike in fares for passenger trains. The fare increase is set to come into effect tomorrow (July 19), impacting travellers across the country. In addition to the rise in passenger train fares, a similar 1% fare hike for freight trains has also been notified. The decision to increase fares is part of Pakistan Railways' broader efforts to manage rising operational costs. This adjustment in fare structure aims to maintain the financial viability of the railway service while continuing to provide reliable transportation for passengers and freight. Also Read: Railways increases freight, cargo fares by 3% Earlier on July 1 also, the Pakistan Railways announced a 3% increase in the fares for goods vehicles and cargo. That adjustment came in response to the recent hike in petroleum product prices, which significantly impacted operational costs. The fare increase applies across the country, with guidance issued to key regional offices including Sukkur, Karachi, Multan, Lahore, Rawalpindi, Quetta, and Peshawar. The Railways Department communicated that the updated fare tables would be distributed to station masters shortly to ensure a smooth transition. The decision aims to offset the rising expenses due to the fluctuating petroleum market, ensuring the sustainability of the railway's freight and cargo services.
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The government raises petrol prices by Rs9.99 per litre and diesel prices by Rs6.18 per litre
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