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General elections 2023: Finance ministry releases additional Rs17.4 billion for ECP

02:44 PM | 5 Dec, 2023
General elections 2023: Finance ministry releases additional Rs17.4 billion for ECP
Source: File Photo

ISLAMABAD – The Finance Division has released Rs17.4 billion to the Election Commission of Pakistan (ECP) in addition to Rs10 billion released in July this year for conduct of general elections in the country.

This brings the total released amount to 27.4 billion rupees for holding the general elections, the division said in a statement.

It added that it remains committed to provision of funds as and when required by the top electoral body.

The general elections are scheduled for February 8, 2024 in Pakistan and the ECP has geared up its preparations in this regard.

Meanwhile, army troops and paramilitary forces are likely to be deployed for the upcoming general elections to perform security duties, as ECP cited shortfall of security personnel amid the law and order situation in country.

In a letter by Election Commission Secretary Omar Hamid Khan, the electoral watchdog mentioned the shortage of 0.27 million police personnel across Pakistan as the country is witnessing a fresh wave of terror.

It said Punjab required 277,610 security personnel, and currently, there are 108,500 police officials. In Sindh, there is a shortage of 18,000 police personnel. Balochistan and Khyber-Pakhtunkhwa (K-P) are also grappling with a shortage of security forces.

The federal capital Islamabad currently has 4,500 security personnel available against the stipulated requirement of 9,000 security staff.

ECP sought the services of armed forces in static mode at polling stations to ensure a smooth polling process. The development is in the context of the deteriorating security situation prevalent in the country.

Electoral watchdog mentioned taking all necessary steps to organise election, saying it expects the same dedication from administrative authorities and law enforcement agencies to maintain law and order in the area of the constituencies during elections.

Election Commission of Pakistan (ECP) earlier notified general elections on February 8, 2024. ECP issued a notification of the date of the general election under Section 57 of the Election Act.

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Pakistani rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 27 Feb 2024

Pakistani currency remains largely stable against US dollar in the open market on February 27, 2024 (Tuesday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.4 for buying and 282.3 for selling.

Euro currently stands at 303 for buying and 306 for selling while British Pound rate stands at 351.5 for buying, and 355 for selling.

UAE Dirham AED hovers at 76 whereas the Saudi Riyal saw slight increase, with new rates at 76.7.

Today’s currency exchange rates in Pakistan - 27 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.4 282.3
Euro EUR 303 306
UK Pound Sterling GBP 351.5 355
U.A.E Dirham AED 76 76.7
Saudi Riyal SAR 74.2 75
Australian Dollar AUD 181 183
Bahrain Dinar BHD 742.91 750.91
Canadian Dollar CAD 207 209
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.56 40.96
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 905.46 914.46
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.36
 
26.66
Omani Riyal OMR 725.54 733.54
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317 319.5
Thai Bhat THB 7.76 7.91

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