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Heyday for CPEC with induction of new faces

Yasir Habib Khan 09:27 PM | 3 May, 2020
Heyday for CPEC with induction of new faces

The China-Pakistan Economic Corridor (CPEC) is likely to have a heyday with the induction of new faces in the cabinet of the Pakistani government, which unleashes a fresh dynamism in the execution and progress of all projects in future.

Senator Shibli Faraz, a strong supporter of CPEC, has been appointed as the federal minister for Information and Broadcasting and CPEC Authority Chairman Lt-Gen (retd) Asim Saleem Bajwa as Special Assistant for Prime Minister on Information.

Both of them are touted as professionally diligent in performing their tasks in a quickest and smooth manner as per vision envisaged by National Action Plan on priority areas especially CPEC.

The government’s move to rope in them in Cabinet will dial-up media voices on CPEC and Sino-Pak relations. Having personas for championing the cause of true and transparent pictures on CPEC, their double impact will transform information, media, and communication landscapes. This will give a higher edge to improve understanding of CPEC and allow people of all strata, home and abroad, to distinguish false and truth.

Senator Shibli Faraz was a key panelist on the 5th China-Pakistan Economic Corridor Media Forum held on Nov. 22, 2019. In his speech, Shibli Faraz said CPEC possessed significant importance for Afghanistan, Iran, Central Asian countries, and the Gulf region. Gwadar, he said, was the top priority of the incumbent regime.

He thanked the contributions of the Pakistan-China Institute and reaffirmed the commitment of the Pakistani government to promoting CPEC and taking it forward to the next stage, which will reap big dividends for the nation.

CPEC Authority Chairman Lt-Gen (retd) Asim Saleem Bajwa, who is now SAPM on information, is being considered afresh breather due to his approach and demeanor on CPEC.

Recently he tweeted that “Time to gear up for phase-II (of CPEC) which is envisioned to generate mass employment through more projects, mass industrialization, agricultural and socio-economic uplift.”

The statement comes a week after Prime Minister Imran Khan directed all concerned ministries to set goals for schemes and ensure inter-governmental coordination for the early conclusion of phase II of the multibillion-dollar project.

Lt-Gen (retd) Bajwa, the former DG ISPR who has also served as commander Southern Command, was appointed as the first chairman of the newly-established CPEC Authority in November last year. The Authority was established through a presidential ordinance in October for coordination, monitoring, and evaluation to ensure the implementation of CPEC-related activities.

The writer is a freelance journalist and based in Lahore.

This article originally appeared on China Economic Net

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on June 10, 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 June 10, 2023 (Saturday).

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

Currency Symbol Buying Selling
US Dollar ‎USD 301.9 305.15
Euro EUR 319.5 322.5
UK Pound Sterling GBP 372 376
U.A.E Dirham AED 83.1 84
Saudi Riyal SAR 79.7 80.5
Australian Dollar AUD 202 204
Bahrain Dinar BHD 762.38 770.38
Canadian Dollar CAD 227 230
China Yuan CNY 40.28 40.69
Danish Krone DKK 41.09 41.45
Hong Kong Dollar HKD 36.55 36.9
Indian Rupee INR 3.46 3.54
Japanese Yen JPY 2.05 2.14
Kuwaiti Dinar KWD 931.55 940.55
Malaysian Ringgit MYR 62.19 62.79
New Zealand Dollar NZD 174.18 176.19
Norwegians Krone NOK 25.88 26.18
Omani Riyal OMR 744.53 752.51
Qatari Riyal ‎QAR 78.72 79.42
Singapore Dollar SGD 220 222
Swedish Korona SEK 26.36 26.66
Swiss Franc CHF 315.34 317.84
Thai Bhat THB 8.23 8.38

Today's gold rates in Pakistan | gold price in Pakistan – June 10, 2023

Gold Rate Today:

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 228,450 on Saturday. The price of 10 grams of 24k gold was recorded at Rs195,860.   

Likewise, 10 grams of 22k gold were being traded for Rs178,593 while a single tola of 22-karat gold was being sold at Rs 208,311.

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.

Gold Price in Pakistan: Lahore, Karachi, Islamabad

City Gold Silver
Lahore PKR 228,450 PKR 2,605
Karachi PKR 228,450 PKR 2,605
Islamabad PKR 228,450 PKR 2,605
Peshawar PKR 228,450 PKR 2,605
Quetta PKR 228,450 PKR 2,605
Sialkot PKR 228,450 PKR 2,605
Attock PKR 228,450 PKR 2,605
Gujranwala PKR 228,450 PKR 2,605
Jehlum PKR 228,450 PKR 2,605
Multan PKR 228,450 PKR 2,605
Bahawalpur PKR 228,450 PKR 2,605
Gujrat PKR 228,450 PKR 2,605
Nawabshah PKR 228,450 PKR 2,605
Chakwal PKR 228,450 PKR 2,605
Hyderabad PKR 228,450 PKR 2,605
Nowshehra PKR 228,450 PKR 2,605
Sargodha PKR 228,450 PKR 2,605
Faisalabad PKR 228,450 PKR 2,605
Mirpur PKR 228,450 PKR 2,605

Daily Pakistan diligently monitors and updates the current gold rates in Pakistan on a daily basis

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