PM Imran to discuss 14-point agenda in federal cabinet meeting today

Web Desk 09:39 AM | 1 Dec, 2020

ISLAMABAD – Prime Minister Imran Khan will chair a federal cabinet on Tuesday to review the economic, political, Covid-19 pandemic situation besides discussing the opposition campaign against the government.

According to the details, the meeting will be held at the Prime Minister’s office. The cabinet will discuss a 14-point agenda during the meeting.

The cabinet will review diplomatic relations with France and it will also be briefed on the progress regarding the Organisation of Islamic Cooperation meeting.

As per the agenda of the meeting, the cabinet will also be briefed on the issues of inflation, sugarcane crushing, and prices of sugar and flour.

The members will also discuss the development projects of the New Pakistan Housing Development Authority, Islands Development Authority, and Ravi Urban Development Authority.

The agreement between Pakistan Navy Engineering College and Yildiz Technical University, Turkey will be approved. The Cabinet will also approve the appointment of the CEO Postal Life Insurance Corporation and other items on the agenda.

Web Desk

Daily Pakistan Global Web Desk

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Forex

ISLAMABAD – Pakistani rupee finally ended its losing streak against US dollar on Tuesday, gaining Rs4.43 after massive depreciation over the last week.

During the intra-day trading, the rupee was hovering at 266.75 with an appreciation of around 1.07 percent as talks between Pakistan and IMF underway for a stalled bailout programme.

Earlier on Monday, the rupee plunged by Rs7 and the greenback touched all-time high of Rs272. Last week, the local currency dropped by Rs24.54 in the interbank market – the largest single-day depreciation in more than two decades.

Finance experts linked the rupee’s recovery to exporters offloading some of their proceeds as remittances and export continued days after dollar cap was removed.

The country of over 220 million is facing a worst economic crisis with the forex reserved held by the country’s central bank remaining at critical $3.68 billion which were not enough to cover a month's import.

https://en.dailypakistan.com.pk/30-Jan-2023/gold-continues-to-shine-hits-all-time-high-of-rs210-500-in-pakistan

Gold & Silver Rate

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs205,900 on Tuesday. The price of 10 grams of 24k gold was recorded at Rs176,530.

Likewise, 10 grams of 22k gold were being traded for Rs162,500 while a single tola of 22-karat gold was being sold at Rs 182,100.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City	Gold	Silver
Lahore	PKR 205,900	PKR 2,370
Karachi	PKR 205,900	PKR 2,370
Islamabad	PKR 205,900	PKR 2,370
Peshawar	PKR 205,900	PKR 2,370
Quetta	PKR 205,900	PKR 2,370
Sialkot	PKR 205,900	PKR 2,370
Attock	PKR 205,900	PKR 2,370
Gujranwala	PKR 205,900	PKR 2,370
Jehlum	PKR 205,900	PKR 2,370
Multan	PKR 205,900	PKR 2,370
Bahawalpur	PKR 205,900	PKR 2,370
Gujrat	PKR 205,900	PKR 2,370
Nawabshah	PKR 205,900	PKR 2,370
Chakwal	PKR 205,900	PKR 2,370
Hyderabad	PKR 205,900	PKR 2,370
Nowshehra	PKR 205,900	PKR 2,370
Sargodha	PKR 205,900	PKR 2,370
Faisalabad	PKR 205,900	PKR 2,370
Mirpur	PKR 205,900	PKR 2,370