LAHORE – Political crisis in Punjab took a new turn on Wednesday after difference erupted over the schedule of a provincial assembly session to elect new leader of the House.
In today’s wee hours, Punjab Assembly Deputy Speaker Sardar Dost Muhmmad Mazari issue a notification to hold a session for the vote at 7:30 PM today a day after he adjourned the session till April 16.
Voting for the CM election was originally scheduled for April 3 but it was moved to April 6 due to ruckus in the provincial assembly and the deputy speaker on Tuesday delayed it until 16.
PML-Q’s Pervaiz Elahi and PML-N’s Hamza Shahbaz Sharif are in the race to become next chief minister after PTI’s Usman Buzdar resigned from the post on the directives of Prime Minister Imran Khan.
After Mazari announced sudden change in the schedule, PML-Q expressed concerns on it and said that they will not accept the order.
Furthermore, Punjab Assembly secretariat spokesperson said that the session could not be held today as the damages made to the Assembly in last session are being fixed. He said that the session would be held on April 16.
He said that the previous order will remain in place until an official letter is issued to alter it.
Later, Mazari talked to media and complained that the secretariat staff was not cooperating with him, adding that he had summoned the Assembly session in light of the Supreme Court’s proceedings when advocate general Punjab assured the top court on Tuesday that vote for new chief minister will be held on April 6.
Amid deepening political crisis, a heavy contingent of police has been deployed outside the Assembly to avoid any untoward situation.
To be elected as CM of the most populous region, a candidate will need at least 186 votes in the 371-member house. Pakistan Tehreek e Insaf has 183 lawmakers, PML-Q 10, PML-N 165, PPP seven, and five are independent.
Pakistani rupee continue to witness further losses against US dollar in the open market on despite positive economic indicators and massive surge in Stock Market.
On Tuesday, the dollar was being quoted at 285.1 for selling and 288.15 for buying purposes for customers.
Euro price moves down by Rs2 to 312 for buying and 315 for selling. British Pound rate stands at 358.5 for buying, and 362 for selling after increase.
UAE Dirham AED stands at 78 whereas the Saudi Riyal also witnessed fall and new price stands at 76.25.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 285.1 | 288.15 |
Euro | EUR | 312 | 315 |
UK Pound Sterling | GBP | 358.5 | 362 |
U.A.E Dirham | AED | 78 | 78.75 |
Saudi Riyal | SAR | 76.25 | 77 |
Australian Dollar | AUD | 186 | 187.5 |
Bahrain Dinar | BHD | 759 | 767 |
Canadian Dollar | CAD | 208 | 210 |
China Yuan | CNY | 39.93 | 40.33 |
Danish Krone | DKK | 41.88 | 42.28 |
Hong Kong Dollar | HKD | 36.24 | 36.59 |
Indian Rupee | INR | 3.39 | 3.5 |
Japanese Yen | JPY | 1.55 | 1.63 |
Kuwaiti Dinar | KWD | 916.38 | 925.38 |
Malaysian Ringgit | MYR | 60.38 | 60.98 |
New Zealand Dollar | NZD | 173.44 | 175.44 |
Norwegians Krone | NOK | 26.25 | 26.55 |
Omani Riyal | OMR | 741.26 | 749.26 |
Qatari Riyal | QAR | 77.63 | 78.33 |
Singapore Dollar | SGD | 210 | 212 |
Swedish Korona | SEK | 26.93 | 27.23 |
Swiss Franc | CHF | 323.37 | 325.87 |
Thai Bhat | THB | 8 | 8.04 |
KARACHI – Gold continues to move upward in local market amid surge in international rates.
On Tuesday, the single tola of 24 Karat gold was available at Rs217,600, and the price for 10-gram gold saw increase of Rs943 to reach Rs186,557.
Globally, yellow metal went up by $12 to settle at $2,015 per ounce.
Last week, per tola gold price increased by Rs800 per tola, and it hovers around two month high.
City | Gold | Silver |
Lahore | PKR 217,600 | PKR 2,600 |
Karachi | PKR 217,600 | PKR 2,600 |
Islamabad | PKR 217,600 | PKR 2,600 |
Peshawar | PKR 217,600 | PKR 2,600 |
Quetta | PKR 217,600 | PKR 2,600 |
Sialkot | PKR 217,600 | PKR 2,600 |
Attock | PKR 217,600 | PKR 2,600 |
Gujranwala | PKR 217,600 | PKR 2,600 |
Jehlum | PKR 217,600 | PKR 2,600 |
Multan | PKR 217,600 | PKR 2,600 |
Bahawalpur | PKR 217,600 | PKR 2,600 |
Gujrat | PKR 217,600 | PKR 2,600 |
Nawabshah | PKR 217,600 | PKR 2,600 |
Chakwal | PKR 217,600 | PKR 2,600 |
Hyderabad | PKR 217,600 | PKR 2,600 |
Nowshehra | PKR 217,600 | PKR 2,600 |
Sargodha | PKR 217,600 | PKR 2,600 |
Faisalabad | PKR 217,600 | PKR 2,600 |
Mirpur | PKR 217,600 | PKR 2,600 |
Copyright ©2023. Reproduction of this website's content without express written permission from 'Daily Pakistan' is strictly prohibited.