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In maiden speech as Balochistan CM, Bugti offers olive branch to dissidents 

03:08 PM | 2 Mar, 2024
In maiden speech as Balochistan CM, Bugti offers olive branch to dissidents 

QUETTA – The newly-elected Chief Minister of Balochistan, Sarfraz Bugti, reiterated on Saturday the provincial government’s commitment to pursuing dialogue with those engaged in armed insurgency.

In his victory speech following his election as the province’s chief executive, Bugti offered an olive branch to dissidents, emphasizing the importance of both deterrence and dialogue in addressing the law and order situation in Balochistan. 

He called upon armed groups to embrace mainstream politics and contribute to the province’s development.

While urging Baloch insurgents to pursue their goals within the framework of Pakistan’s Constitution, Bugti emphasised that the state’s authority would not be compromised. He stressed that avenues for achieving rights lie through parliamentary channels rather than armed struggle.

Bugti, a leader of the Pakistan Peoples Party (PPP), was unanimously elected as the leader of the house with 41 votes. The session was chaired by Speaker Abdul Khaliq Achakzai.

Bugti is scheduled to take the oath of office later today in a ceremony at the Governor House, administered by Governor Abdul Wali Kakar. 

Expressing gratitude to all voters, including opposition parties, Bugti highlighted the message of consensus conveyed by the unopposed election of the speaker, deputy speaker, and leader of the house, particularly crucial during challenging times for the province.

Addressing the PPP’s role as a representative of the federation, Bugti expressed confidence in Bilawal Bhutto’s leadership to address national crises, with a belief that Asif Ali Zardari will guide the country out of difficulties, stressing the importance of reconciliatory politics.

Identifying governance, terrorism, and climate change as primary challenges, Bugti outlined the government’s strategy to tackle these issues. He emphasized the need for legislators and the province’s bureaucracy to take responsibility and avoid blaming others for shortcomings, particularly in governance.

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - Pak Rupee to US Dollar Open Market rates 12 May 2024

Pakistani rupee rates against US Dollar and other currencies on May 12, 2024 (Sunday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.2 for buying and 279.7 for selling.

Euro stands at 296 for buying and 298.7 for selling while British Pound rate is 344 for buying, and 347.5 for selling.

UAE Dirham AED was at 75.1 and Saudi Riyal came down to 73.40.

Today’s currency exchange rates in Pakistan - 12 May 2024

Currency Symbol Buying Selling
US Dollar USD 277.2 279.7 
Euro EUR 296 298.7
UK Pound Sterling GBP 344 347.5
U.A.E Dirham AED 75.1 75.5
Saudi Riyal SAR 73.40 74.10
Australian Dollar AUD 180.5 182.5
Bahrain Dinar BHD 739.61 747.61
Canadian Dollar CAD 203 205
China Yuan CNY 38.43 38.83
Danish Krone DKK 40.16 40.56
Hong Kong Dollar HKD 35.6 35.95
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 904.67 913.67
Malaysian Ringgit MYR 58.71 59.31
New Zealand Dollar NZD 166.93 168.93
Norwegians Krone NOK 25.69 25.99
Omani Riyal OMR 722.52 730.52
Qatari Riyal QAR 76.44 77.14
Singapore Dollar SGD 204 206
Swedish Korona SEK 25.79 26.09
Swiss Franc CHF 306.4 308.9
Thai Bhat THB 7.56 7.71

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