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Pakistan accepts IMF demand to make assets of bureaucrats public

Web Desk 11:14 PM | 3 Feb, 2023
Pakistan accepts IMF demand to make assets of bureaucrats public
Source: File Photo

ISLAMABAD – The Federal Board of Revenue (FBR) on Friday issued a notification making the assets of federal government officers of grade 17 to 22 public.

The top tax authority has issued notification titled “Sharing of Declaration of Assets of Civil Servants Rules, 2023” in line with a demand made by the International Monetary Fund (IMF) delegation, which is visiting the cash-strapped Pakistan for ninth review of the $7 billion loan programme.

The notification bounds the public office holders to declare details of assets owned by them and their family members inside and outside the country to the FBR. The authority has also directed the banks to provide the details of their bank accounts twice a year – on Jan 31 and July 31.

Furthermore, the banks will get information about assets of the bureaucrats from the FBR before the opening of their bank accounts.

A day earlier, the global lender asked the Pakistan to develop a system to make the assets owned by the government officers of grade 17-22 public.

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on March 24, 2023

KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on March 24, 2023 (Friday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 283.2 286
Euro EUR 302.5 305.5
UK Pound Sterling GBP 343.5 347
U.A.E Dirham AED 77.2 78
Saudi Riyal SAR 75.4 76.2
Australian Dollar AUD 187 189.4
Bahrain Dinar BHD 749.55 757.55
Canadian Dollar CAD 205 207.2
China Yuan CNY 40.91 41.31
Danish Krone DKK 40.77 41.17
Hong Kong Dollar HKD 35.92 36.27
Indian Rupee INR 3.41 3.52
Japanese Yen JPY 2.06 2.11
Kuwaiti Dinar KWD 919.22 928.22
Malaysian Ringgit MYR 62.85 63.45
New Zealand Dollar NZD 176.66 178.66
Norwegians Krone NOK 26.33 26.63
Omani Riyal OMR 731.97 739.97
Qatari Riyal ‎QAR 77.43 78.13
Singapore Dollar SGD 208 210
Swedish Korona SEK 26.5 26.8
Swiss Franc CHF 305.12 307.62
Thai Bhat THB 8.19 8.34

Today's gold rates in Pakistan – 24 March 2023

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 205,500 on Friday. The price of 10 grams of 24k gold was recorded at Rs174,730.   

Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.

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 205,500 PKR 2,350
Karachi PKR 205,500 PKR 2,350
Islamabad PKR 205,500 PKR 2,350
Peshawar PKR 205,500 PKR 2,350
Quetta PKR 205,500 PKR 2,350
Sialkot PKR 205,500 PKR 2,350
Attock PKR 205,500 PKR 2,350
Gujranwala PKR 205,500 PKR 2,350
Jehlum PKR 205,500 PKR 2,350
Multan PKR 205,500 PKR 2,350
Bahawalpur PKR 205,500 PKR 2,350
Gujrat PKR 205,500 PKR 2,350
Nawabshah PKR 205,500 PKR 2,350
Chakwal PKR 205,500 PKR 2,350
Hyderabad PKR 205,500 PKR 2,350
Nowshehra PKR 205,500 PKR 2,350
Sargodha PKR 205,500 PKR 2,350
Faisalabad PKR 205,500 PKR 2,350
Mirpur PKR 205,500 PKR 2,350

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