ISLAMABAD – The Islamic Development Bank will provide financing of US$60 million for polio vaccine. This includes US$ 21 million LLF Grant by the Bank.
Economic Affairs Division, on behalf of the Government of Pakistan, signed a financing agreement with the representative of IsDB for financing of US$60 million. This amount comprises US$39 million loan and US$21 million Lives & Livelihood Fund (LLF) Grant by the IsDB. The amount will be utilised for polio vaccination.
Economic Affairs Division Secretary Noor Ahmed acknowledged IsDB support to Pakistan for Polio Eradication Program (2019-2021), by saying “Today we celebrate the long-standing partnership with the Islamic Development Bank. Over the years we have come consistent support of the bank to keep up fight for a polio-free Pakistan. We also thank partners of Lives & Livelihood Fund (LLF) for allocation of grant for this cause”.
During the three phases (2013 – 2021), IsDB provided US$ 487 million financing to Pakistan for Polio Eradication Program. This financing has been utilised to strengthen vaccination operations, surveillance, procurement of vaccine, social mobilization and communications. The program implements high quality vaccination campaigns that aim to reach out to children across Pakistan. These campaigns are implemented by more than 260,000 frontline health workers.
IsDB representative underlined the importance of polio vaccination to achieve the target of polio free country. He assured continued support of the bank for this cause by saying that IsDB leadership is committed to support the vulnerable populations of the member countries from the pandemic and other fatal diseases.
Pakistani rupee inches up against US dollar in the open market on 28 March, 2024.
In the open market, the US dollar was being quoted at 278.4 for buying and 281.4 for selling.
Euro moves down to 299.75 for buying and 302.75 for selling while British Pound hovers around 353.75 for buying, and 357.25 for selling.
UAE Dirham AED remains stable at 75.55 whereas the Saudi Riyal saw minor increase, with new rates at 73.70.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 278.4 | 281.4 |
Euro | EUR | 299.75 | 302.75 |
UK Pound Sterling | GBP | 353.75 | 357.25 |
U.A.E Dirham | AED | 75.55 | 76.3 |
Saudi Riyal | SAR | 73.7 | 74.4 |
Australian Dollar | AUD | 182.9 | 184.7 |
Bahrain Dinar | BHD | 739.61 | 747.61 |
Canadian Dollar | CAD | 204.25 | 206.45 |
China Yuan | CNY | 38.74 | 39.14 |
Danish Krone | DKK | 40.30 | 40.70 |
Hong Kong Dollar | HKD | 35.55 | 35.9 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 901.14 | 910.14 |
Malaysian Ringgit | MYR | 59.25 | 59.85 |
New Zealand Dollar | NZD | 168.56 | 170.56 |
Norwegians Krone | NOK | 26.19 | 26.49 |
Omani Riyal | OMR | 724.36 | 732.36 |
Qatari Riyal | QAR | 76.57 | 77.27 |
Singapore Dollar | SGD | 206.25 | 208.25 |
Swedish Korona | SEK | 26.89 | 27.19 |
Swiss Franc | CHF | 313.78 | 316.28 |
Thai Bhat | THB | 7.76 | 7.91 |
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