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RAWALPINDI: The Regional Transport Authority (RTA) on Saturday announced a 12 to 18 per cent reduction in public and goods transport fares following a sharp decline in petroleum prices.
Private bus operators also announced substantial cuts in fares for intercity routes.
According to officials, the decision was made during a meeting between the RTA secretary and representatives of transport unions. It was agreed that the benefit of an approximately 20pc reduction in fuel prices would be passed on to commuters.
Under the revised fare structure, fares for diesel-powered air-conditioned passenger vehicles have been reduced by 12pc, while those for diesel-powered non-AC vehicles and petrol-powered public transport have been cut by 15pc. Goods transport charges have been reduced by 18pc.
