Google has suspended carrier-paid apps in Pakistan due to non-payment of outstanding dues days after the State Bank of Pakistan (SBP) blocked $34 million in payments to international service providers.
The download option for paid apps through mobile phone accounts has been suspended in the country, but the Google Play Store still accepts payments via bank cards.
The Ministry of Information Technology and Telecommunication has confirmed the development, according to media reports.
The suspension comes a day after the Pakistani Ministry of Finance agreed to release blocked payments to international service providers, including tech giant Google.
It also agreed to a proposal of the IT Minister to evolve an effective mechanism and make payment against the Google App services.
In a statement, IT Minister Aminul Haque said that payments can be made as per the schedule. He said the central bank has been directed to delay the implementation of the policy for a month and telecos have been given one-month time to implement the payment procedures.
He maintained that IT and finance ministries and the State Bank will formulate a plan of action with mutual consultation in the given time.
Last week, it was reported that users will be unable to download the paid applications using their mobile balance.
The IT Ministry has approached Finance and SBP officials as suspending payments to the international service providers will damage Pakistan’s reputation and create difficulties for people using the paid applications.
Pakistani rupee continued its momentum against the US dollar, and orther currencies in the open market on Thursday, as the local currency also improved in the inter-bank market.
On Thursday, the US dollar moved down and was being quoted at 283.2 for buying and 286.15 for selling.
Euro comes down to 308 for buying and 311 for selling. British Pound rate dropped to 358.5 for buying, and 362 for selling.
UAE Dirham AED witnessed slight drop and new rate stands at 77.4 whereas the Saudi Riyal remained stable at 76.
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||358.5||362|
|Hong Kong Dollar||HKD||36.41||36.76|
|New Zealand Dollar||NZD||174.54||176.54|
Gold price in Pakistan remained under pressure as the yellow metal moved down despite an upward trend in the international market.
On Thursday, the price of a single tola of 24-karat gold stands at Rs217,100 and 10 grams of 24k gold costs Rs186,130.
Single tola of 22 Karat Gold costs Rs199,000, 21 karat rate for per tola is Rs189,960 and 18k gold rate is Rs162,825.00 for each tola.
In the global market, gold prices hover at around $2026, gaining $8.30 on Thursday.
Today Gold Price in Pakistan (4 September 2023)
|Lahore||PKR 217,100||PKR 2,565|
|Karachi||PKR 217,100||PKR 2,565|
|Islamabad||PKR 217,100||PKR 2,565|
|Peshawar||PKR 217,100||PKR 2,565|
|Quetta||PKR 217,100||PKR 2,565|
|Sialkot||PKR 217,100||PKR 2,565|
|Attock||PKR 217,100||PKR 2,565|
|Gujranwala||PKR 217,100||PKR 2,565|
|Jehlum||PKR 217,100||PKR 2,565|
|Multan||PKR 217,100||PKR 2,565|
|Bahawalpur||PKR 217,100||PKR 2,565|
|Gujrat||PKR 217,100||PKR 2,565|
|Nawabshah||PKR 217,100||PKR 2,565|
|Chakwal||PKR 217,100||PKR 2,565|
|Hyderabad||PKR 217,100||PKR 2,565|
|Nowshehra||PKR 217,100||PKR 2,565|
|Sargodha||PKR 217,100||PKR 2,565|
|Faisalabad||PKR 217,100||PKR 2,565|
|Mirpur||PKR 217,100||PKR 2,565|