KARACHI: Cargo carriers suspend operations at Karachi ports and threaten to leave on strike after a night walk in fuel prices, leading to fears of nationwide supply chain issues, reports ARY NEWS.
Rana Aslam, head of The Karachi Freight Association said the unprecedented rise in fuel prices and inflation are unacceptable for them. “We suspended work in the ports and called a meeting to discuss out a future strategy against hike in fuel prices,” he said.
He said a nationwide strike and other tough measures would be considered. over during the meeting. “We will also ponder over to travel on foot in travel expenses,” he said. added that they have no other option to shut down their operations.
PML-N led coalition government on Wednesday raised up petrol price 24 rubles per liter.
announcement was made Finance Minister Miftah Ismail speaking at a press conference in Islamabad, referring to government did not have in position to be carried more more subsidies.
Read more: Prime Minister Shahbaz Sharif rejects oil price hike report
He said that new prices will be included in effect from 12:00 on June 15th.
Mifta criticized Russia’s previous government policies, which he said “worsened the country’s situation”. economy”.
Finance minister said incumbent government carried main blow of that, adding that currentlyPakistan, on every liter, suffered losses of Rs 24.3 on gasoline, diesel Rs 59.16, kerosene Rs 39.49 and Rs 39.16. on light diesel fuel.
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